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There Cannot Be Sale Without Purchase: ITAT Deletes Addition

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition made by the AO as there cannot be a sale without a purchase.The bench of Saktijit Dey (Vice President) and Pradip Kumar. ....

Amit Goel , Pradip Kumar Kedia , Delhi Bench , Income Tax Appellate Tribunal , Saktijit Dey , Vice President , Accountant Member , Sungold Trade , Shivoham Trading , Shakumbri Tradelink , For Appellant , Income Tax ,