Estimation of income - rejection of books of accounts - Once it ...
Case Laws Income Tax
August 21, 2019
Estimation of income - rejection of books of accounts - Once it has been found that the assessee has not voluntarily maintained its books of account, as required under the Act, the books of account have rightly been rejected and the net profit, which has been fixed at 8%, is quite reasonable - no substantial question of law arises
View Source