Disallowed Purchases Impact Assessee's Gross Profit Ratio, Automatically Increasing Due to Expense Removal Impacting Financial Outcomes.

When the entire block of purchases made by the assessee is disallowed, the same would have automatic and direct impact on bringing up the Gross Profit ratio of the assessee during such year - HC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X