HomeDirect TaxSC Upholds 100% Disallowance of Rs. 20.06 Cr Bogus Purchases Under Section...

SC Upholds 100% Disallowance of Rs. 20.06 Cr Bogus Purchases Under Section 69C

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The Supreme Court has upheld the Bombay High Court’s ruling that confirmed 100% disallowance of bogus purchases amounting to ₹20.06 crore under Section 69C of the Income Tax Act.  A Bench of Justice J.B. Pardiwala and Justice K.V. Viswanathan refused to interfere with the Bombay High Court’s detailed judgment dated March 3, 2025, holding that…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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