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![Addition on Bogus Purchase should be made only to the extent of Lower GP declared: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/11/Gross-Profit-Taxscan.jpg "Addition on Bogus Purchase should be made only to the extent of Lower GP declared: ITAT [Read Order]")
Addition on Bogus Purchase should be made only to the extent of Lower GP declared: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has recently ruled that the addition in respect of Bogus purchase can be made only to the...