TMI BlogCourt Applies Consistent Net Profit Rate for Unverified Purchases Across Assessment Years; Deemed Prudent for Income Determination.Bogus and unverified purchases - in the earlier assessment years as well as in the subsequent assessment year, a particular net profit rate has been applied, it is a prudent rate of income - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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