Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2011 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (10) TMI 458 - HC - Income TaxPresumptive Taxation - Taxation of gross receipts at 4 percent OR 12 percent - Assessee failed to produce books of account - Held That:- When assessee return for 03-04 were claimed at 6.37% and for 04-05 at 2.15%, the assessment by applying rate of net profit as 4% is a question of fact. No substantial question of law arises.
|