Unaccounted business receipts - the theory of extrapolation is ...

Extrapolation Theory Invalid for Assessing Total Income from Unaccounted Receipts; Assessments Need Incriminating Documents.

September 26, 2022

Case Laws Income Tax AT

Unaccounted business receipts - the theory of extrapolation is not logical for determining the actual total Income and it is established law that the assessment should be made on the basis of only incriminating documents found during the course of survey proceedings.- AT

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Unaccounted business receipts - the theory of extrapolation is ...

Extrapolation Theory Invalid for Assessing Total Income from Unaccounted Receipts; Assessments Need Incriminating Documents.

September 26, 2022

Case Laws Income Tax AT

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