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![No Evidence of Suppression of Gross Profit by obtaining Bogus Purchase: Delhi HC Deletes Income Tax Addition [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/10/Evidence-Bogus-Purchase-Gross-profit-Delhi-HC-taxscan.jpg "No Evidence of Suppression of Gross Profit by obtaining Bogus Purchase: Delhi HC Deletes Income Tax Addition [Read Judgment]")
No Evidence of Suppression of Gross Profit by obtaining Bogus Purchase: Delhi HC Deletes Income Tax Addition [Read Judgment]
An addition on account of Gross profit under the Income Tax Act, 1961 is not permissible in the absence of the evidence of suppression of gross...
![ITAT confirms Penalty levied u/s 271AAA on Admission of Undisclosed Income by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-penalty-Section-271-AAA-undisclosed-income-assesse-Taxscan.jpg "ITAT confirms Penalty levied u/s 271AAA on Admission of Undisclosed Income by Assessee [Read Order]")
![Statement u/s 132(4) cannot be Relied upon If No Cross-Examination was given to Assessee: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Statement u/s 132(4) cannot be Relied upon If No Cross-Examination was given to Assessee: ITAT Delhi [Read Order]")
