ITAT found that assessee provided sufficient documentary evidence, and the declared profit rates were comparable to previous years, distinguishing the case from bogus purchases ...
Delhi ITAT ruled that where sales are accepted, full purchase disallowance is unjustified. Citing Bombay HC, it restricted the addition for bogus purchases of Rs. 23.5 Cr to 12.5% profit element.
The U.S. is planning to push chipmakers to match the volume of semiconductors that their customers currently import from ...
Starting October 1, new rules will come into effect that will impact businesses and the general public. These changes are related to GST, NPS, UPI, online gaming, and railway bookings. Some rules will ...
Glucagon-like peptide-1 receptor agonists (GLP-1 RAs) have rapidly emerged as highly effective pharmacological tools for weight management, with additional cardiometabolic benefits extending beyond ...
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