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HC Quashes Income Tax Reassessment for Alleged GST Component in Bogus Purchases
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HC Quashes Income Tax Reassessment for Alleged GST Component in Bogus Purchases
HC Quashes Income Tax Reassessment for Alleged GST Component in Bogus Purchases The petitioner, Guruvayur Infratech Private Limited, engaged in civil construction, had made cement purchases during FY 2020–21 from two suppliers, M/s Dhairya Enterprise and M/s Shree Enterprise. A survey by the Directorate General of GST Intelligence revealed that these entities were involved in […]
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