TMI BlogUnaccounted Expenditures and On-Money Receipts to Be Considered for Taxable Income Calculation.Assessee was receiving on-money in the ordinary course of its business - even the unaccounted expenditures are also reflected in the seized papers - a reasonable profit should be taxed which is embedded in the total unaccounted gross receipts - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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