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When the entire block of purchases made by the assessee is disallowed the same would have automatic and direct impact on bringing up the Gross Profit ratio of the assessee during such year - HC

Income Tax - When the entire block of purchases made by the assessee is disallowed, the same would have automatic and direct impact on bringing up the Gross Profit ratio of the assessee during such year - HC - TMI Tax Updates - Highlights .....

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