Estimated the possible profit out of purchases made through ...

Income Tax

October 26, 2013

Estimated the possible profit out of purchases made through non-genuine parties -The estimation of rate of profit return must necessarily vary with the nature of business and no uniform yardstick can be adopted - Disallowance to the extent of 12.5 percent is allowed - HC

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Estimated the possible profit out of purchases made through ...

Income Tax

October 26, 2013

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