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Merely because there was an error in the annual report this will not have any impact on the profit of the assessee. When the assessee has recorded the entire purchases and sales of the bullion in the books of account, estimating profit after rejecting the books of account is not justified - Tri

Income Tax - Merely because there was an error in the annual report this will not have any impact on the profit of the assessee. When the assessee has recorded the entire purchases and sales of the bullion in the books of account, estimating profit after rejecting the books of account is not justified - Tri - TMI Updates - Highlights .....

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