Applying net profit rate of 10% on the contract receipts - ...

Tax Authority Rightly Applies 10% Net Profit Rate on Contract Receipts Over Limit u/s 44AD.

July 10, 2012

Case Laws Income Tax AT

Applying net profit rate of 10% on the contract receipts - Section 44AD - where the turnover was exceeding the prescribed limit, the CIT(A) was justified in estimated 10% profit on the gross contract receipts - AT

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Applying net profit rate of 10% on the contract receipts - ...

Tax Authority Rightly Applies 10% Net Profit Rate on Contract Receipts Over Limit u/s 44AD.

July 10, 2012

Case Laws Income Tax AT

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