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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Rejection of books of account - The steep decline in the rate ...

Case Laws     Income Tax

December 14, 2013

Rejection of books of account - The steep decline in the rate of net profit cannot be attribute to the increase in input costs - The estimation of profit by the AO is reasonable - The order of rejection is not required to be expressed - HC

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