TMI Blogadhoc determination of income under income tax.X X X X Extracts X X X X X X X X Extracts X X X X ..... Are there any case laws available on subject of adhoc additions and adhoc determination of income under income tax law? - Reply By SHARIQUE TAHSEEN - The Reply = Hi Chandwani, There is no adhic bas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is of calculation of income tax. But the newly incorporated section 44AD provides for 8% of the gross receipts/gorss turnover as the net income from business. However, this section is not applicable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in case of Professionals( as defined in Income Tax). Regards SHARIQUE - adhoc determination of income under income tax. - Query Started By: - gangaram chandwani Dated:- 4-2-2012 Income Tax - Go ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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