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VAT - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Capability of sole proprietor/dealer to tax - within the meaning ...


Section 33(1) Taxation: Sole Proprietors and Dealers Assessed on Sales and Purchases; Best Judgment Assessment by Commissioner.

April 14, 2016

Case Laws     VAT and Sales Tax     HC

Capability of sole proprietor/dealer to tax - within the meaning of section 33(1), a sole proprietor/dealer can be brought to tax and his income can be assessed on the basis of the transactions of sale and purchase of goods undertaken by him/her and the Commissioner is enable to carry on best judgment assessment - HC

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