Allowability of Depreciation, when income is computed on ...

Income Tax

October 11, 2013

Allowability of Depreciation, when income is computed on estimate basis after rejection of books of accounts - hen the Net Profit is made on estimate basis after rejecting the books of account, then no deduction including depreciation is allowed - HC

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Allowability of Depreciation, when income is computed on ...

Income Tax

October 11, 2013

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Once the income is estimated, after rejection of books of accounts, no other addition is permissible on the basis of rejected books - AT

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