*******Supreme Court upholds 100% Income Tax Addition on Bogus Purchases u/s 69C, Dismisses SLP [Read Order]

Clipped from: https://www.taxscan.in/top-stories/supreme-court-upholds-income-tax-addition-on-bogus-purchases-u-s-c-dismisses-slp-1438272?TRN300=svkWzPcuSAuMkeAfFGxMSBgwasjdwuMBEaffwXnHWjHMVUfCyMCKZiDnbMsacH&LKD333=3210092 The High Court held that the assessee failed to prove the genuineness and source of expenditure. The Supreme Court has upheld the Bombay

Rarest of rare — [1] Bride was injured in a pre-dawn car crash–on a day when her marriage was to take place [2] She was in emergency ward but the families on both the sides —decided to have it as scheduled  [3] Hospital authorities gave permission because they wanted to honor the wishes of both the families [4] Dr Sudish Karunakaran [ Head of neurosurgery] Lakeshore  Hospital says she would need an operation and described the patient as stable (5)Place Kochi Kerala- ToI 23.11.25

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