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Income Tax - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Estimation of income based on MRP - retail trade in liquor - ...


Court Rules Net Profit in Liquor Retail Must Exceed 5% of Purchases for Income Tax Purposes.

June 7, 2013

Case Laws     Income Tax     AT

Estimation of income based on MRP - retail trade in liquor - estimate of net profit above 5% of the purchases made by the assessee is to be adopted - AT

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