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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Best judgement assessment - rejection of books of accounts - ...


Court Considers Best Judgment Assessment After Rejection of Accounts and Trading Addition Due to Lower G.P. Rate.

September 13, 2012

Case Laws     Income Tax     AT

Best judgement assessment - rejection of books of accounts - trading addition made on ground of decrease in G.P. rate - Explanation of the assessee can not be rejected in totto. - AT

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