Estimation of GP - the entire cash deposits made during the year ...
Cash Deposits Not Entire Income: Only Peak Credit in Bank Accounts Considered Unexplained Income of Assessee.
November 14, 2014
Case Laws Income Tax AT
Estimation of GP - the entire cash deposits made during the year cannot be treated as income of assessee - the peak credit appearing in the bank accounts can be considered as unexplained income of assessee - AT
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