Escapement of income - works contract - A.O. directed to ...
Case Laws Income Tax
May 3, 2017
Escapement of income - works contract - A.O. directed to estimate net profit of 10% on main contract works and 7% on sub contract works, net of all expenditure including depreciation, but subject to further deductions towards interest on capital and remuneration to partners u/s 40(b) - AT
View Source