Estimation of income - profit may be taken @8% of the total ...

Tax Authority Confirms Income Estimation for Businesswoman Using 8% of Receipts, Avoiding Section 68 Cash Deposit Additions.

October 20, 2016

Case Laws Income Tax AT

Estimation of income - profit may be taken @8% of the total receipts/ deposits as against the addition made u/s. 68 on account of cash deposit - assesssee is a part time businesswoman and this is the first year of her business venture - order of CIT(A) confirmed - AT

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Estimation of income - profit may be taken @8% of the total ...

Tax Authority Confirms Income Estimation for Businesswoman Using 8% of Receipts, Avoiding Section 68 Cash Deposit Additions.

October 20, 2016

Case Laws Income Tax AT

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