Where transaction is found to be a bogus transaction on the basis of subsequent information, it cannot be said to be a disclosure of ‘full’ and ‘true’ facts: Reassessment by AO justified

Where transaction is found to be a bogus transaction on the basis of subsequent information, it cannot be said to be a disclosure of 'full' and 'true' facts: Reassessment by AO justified  Navnidhi Dyeing And Printing Mills (P.) Ltd. [2021] 125 taxmann.com 365 (Gujarat) Key observation ...
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