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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Reduction of rate of gross profit from 20.89% adopted in ...

Case Laws     Income Tax

January 19, 2015

Reduction of rate of gross profit from 20.89% adopted in assessment to 8.15% of turnover - Non production of books of accounts was beyond the control of the assessee - gross profits declared by the assessee should be taken at 8.50% which would meet the ends of justice - AT

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