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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Reopening of assessment - Bogus purchases - estimation of profit ...

February 25, 2019

Case Laws     Income Tax     AT

Reopening of assessment - Bogus purchases - estimation of profit @ 12.50% - Estimation of the profits requires some guess work to assess income - as assessed by both the authorities below is very reasonable and fair and do not call for our interference.

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