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VAT - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Rejection of books of accounts - undervaluation of sales ...

Case Laws     VAT and Sales Tax

February 22, 2017

Rejection of books of accounts - undervaluation of sales turnover - permissible transportation loss - there was nothing on record for the revenue to hold that the figures disclosed by the assessee were abnormally high or that it was otherwise inconceivable. - HC

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