Addition on account of fall in GP - The AO has not invoked ...
AO's Failure to Invoke Section 145(3) Invalidates Use of Decreased Gross Profit Rate for Application.
October 14, 2014
Case Laws Income Tax AT
Addition on account of fall in GP - The AO has not invoked section 145(3) in its terms - Therefore, fall in G.P. rate cannot be made a reason for involving section 145(3) - AT
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