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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Estimation of profit - the profit should be estimated in this ...


Court Considers Unique Circumstances for Profit Estimation at 11% or Alternative Creditor Addition.

August 21, 2015

Case Laws     Income Tax     AT

Estimation of profit - the profit should be estimated in this case at a little higher rate or a separate addition for creditors should have been made - considering the peculiarity of this case we estimate the profit at 11 per cent. - AT

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