Tag Archives: Center Point Gems (P.) Ltd

Trading additions are restricted to a profit percentage when corresponding sales are accepted as genuine.

By | July 7, 2026

Trading additions are restricted to a profit percentage when corresponding sales are accepted as genuine. Trading additions are restricted to a profit percentage when corresponding sales are accepted as genuine. Issue Whether the revenue department is legally justified in seeking a full or enhanced addition for alleged bogus purchases under Section 69 when the corresponding… Read More »