TMI BlogEstimation of business income of owning fleet and operating as a transport contractor - @ 3% of the...Estimation of business income of owning fleet and operating as a transport contractor - @ 3% of the gross receipts as against 8% estimated by the AO - the past history in Assessee’s case would not be the appropriate yardstick to estimate income. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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