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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

A mere fall in the GP Rate could only be a ground for making ...

Case Laws     Income Tax

January 22, 2019

A mere fall in the GP Rate could only be a ground for making further in-depth inquiries but could not be by themselves a ground for rejection of books of account since in terms of statutory provisions of Section 145(3), the books could be rejected only in specified circumstances.

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