Complete Guide on Bogus Purchases by Dr. Amit Kumar Gupta - 2nd Edition 2025 - Bharat Law House

Complete Guide on Bogus Purchases under the Income-tax Act (2nd Edition 2025) by Dr. Amit Kumar Gupta is an authoritative, practice-oriented commentary on tax assessment, search litigation, and statutory additions under income tax law in India. Published by Bharat Law House Pvt. Ltd., this book delivers an in-depth analysis of how tax authorities treat alleged accommodation entries, bogus purchase transactions, and peak profit additions under section 68 and section 69 of the Income-tax Act.

Designed as an exhaustive analytical guide, it bridges statutory tax provisions with real-world appellate strategies before the ITAT, High Courts, and Supreme Court. This manual serves as an indispensable reference tool for practicing chartered accountants, tax advocates, assessment officers, corporate tax consultants, and law students India. Whether preparing for a judiciary exam, professional taxation tests, or handling complex assessment proceedings, this volume stands out as an essential selection for the best law book India collections in direct taxation.

KEY FEATURES

• Authoritative Publishing & Authorship: Written by tax expert Dr. Amit Kumar Gupta [B.Com (H), FCA, LLB, LLM] and published under the trusted Bharat Law House imprint.

• Latest 2nd Edition 2025: Completely revised with recent judicial precedents, tribunal rulings, and contemporary direct tax amendments.

• Paperback Binding: Flexible and durable Paperback binding crafted for continuous desktop reference and courtroom use.

• In-Depth Assessment Litigation: Detailed examination of reassessment proceedings, search and seizure cases, and survey additions related to bogus purchases.

• Practical Defense Strategies: Packed with actionable litigation strategies, draft responses to show-cause notices, and key burden of proof parameters.

• Exam & Practice Essential: A vital asset for CA/CS/CMA candidates, direct tax litigation lawyers, and tax scholars across India.

WHAT THIS BOOK COVERS

• Concept & Legal Framework of Bogus Purchases: Understanding fake invoicing, accommodation entries, hawala transactions, and statutory definitions.

• Sections 68, 69, 69A & 69C Analysis: Detailed statutory breakdown of unexplained cash credits, investments, and unexplained expenditure additions.

• Burden of Proof & Cross-Examination: Rights of the assessee regarding cross-examination of third-party statements and evidentiary standards.

• Peak Profit Estimation vs. Full Addition: Legal principles governing GP/NP rate additions versus addition of total transaction turnover.

• Reassessment & Penalty Proceedings: Application of Section 147/148, Section 271(1)(c), and Section 270A penalties in bogus purchase matters.

• Landmark Case Laws & Judicial Precedents: Comprehensive repository of rulings from the ITAT, various High Courts, and the Supreme Court of India.

WHO SHOULD BUY

• Chartered Accountants & Tax Practitioners: Professionals handling income tax assessments, scrutiny cases, and appeals before CIT(A) and ITAT.

• Advocates & Legal Counsel: Lawyers specializing in direct tax litigation, economic offenses, and corporate financial disputes.

• Taxation Officers & Investigators: Assessing Officers (AOs) and tax administrators requiring clarity on evidentiary standards for bogus purchases.

• Law Students India & CA Scholars: Advanced students studying direct tax law, corporate taxation, and administrative tax litigation.

WHY THIS BOOK 

• Specialized Topic Coverage: Focuses exclusively on bogus purchases and accommodation entries, offering unmatched depth compared to general tax textbooks.

• Practical Appellate Guidance: Provides step-by-step guidance on drafting submissions, challenging reassessments, and establishing genuine purchase proof.

• Authoritative Insights: Combines accounting principles (FCA) and legal expertise (LLM) to deliver balanced, multi-faceted analysis.

• Comprehensive Case Law Index: Quickly locate landmark decisions supporting both the revenue and assessee arguments.

PRODUCT DETAILS

• Title: Complete Guide on Bogus Purchases under the Income-tax Act

• Author: Dr. Amit Kumar Gupta [B.Com (H), FCA, LLB, LLM]

• Publisher: Bharat Law House

• Language: English

• Edition: 2nd Edition 2025

• Format: Paperback

BENEFITS

• Appellate Success: Craft robust defense arguments and appeal grounds to successfully contest arbitrary additions in scrutiny assessments.

• Exam Excellence: Gain thorough mastery over complex direct tax litigation principles for professional accounting and law examinations.

• Practice Efficiency: Instantly access relevant section analyses, case citations, and cross-examination rights during assessment hearings.

CALL TO ACTION

Master direct tax scrutiny and appellate litigation with the ultimate commentary on accommodation entries! Order your copy of Bharat's Complete Guide on Bogus Purchases under the Income-tax Act (2nd Edition 2025) today — Limited Stock Available!