Supreme Court: Calling Someone ‘Bastard’ In Heated Exchange Isn’t Obscenity under IPC Section 294  ||  Supreme Court: Even a Single Tainted Public Work Award Violates Article 14  ||  Supreme Court Upholds Lease Cancellation, Denies Relief for Failure to Develop Allotted Land  ||  Supreme Court Quashes Medical Negligence Case, Says Surgeon Best Placed To Choose Procedure  ||  Supreme Court: Sajjadanashin of a Dargah and Mutawalli of a Waqf are Distinct Roles  ||  Supreme Court: Criminal Proceedings Can be Quashed if Reliable Evidence Disproves Allegations  ||  Delhi HC: Promises by CM at Press Conferences are Not Legally Enforceable Without Policy Support  ||  Allahabad HC: Challenges to Tribunal Orders Must be Filed in the HC With Territorial Jurisdiction  ||  Allahabad HC: Challenges to Tribunal Orders Must be Filed in the HC With Territorial Jurisdiction  ||  J&K&L HC: Historical Books Cannot Establish Private Property Titles under Section 57 Evidence Act    

Bombay HC: Entire Purchase Cannot be Disallowed if Some of Them Found to be Bogus - (05 Feb 2020)

DIRECT TAXATION

Bombay High Court has held that the entire purchase cannot be disallowed even if it is a Bogus purchase. The Court further held that even if the purchases made from the parties in question are to be treated as bogus, it does not necessarily mean that the entire amount should be disallowed and that no benefit should be given to the Respondent-Assessee.

Tags : BOMBAY HIGH COURT   BOGUS PURCHASE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved