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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Estimation of sales consideration - unaccounted business in the ...

Income Tax

September 22, 2015

Estimation of sales consideration - unaccounted business in the real estate activity - when the material brought on record suggests the correct state of affairs of the assessee, it is not appropriate to estimate the income of the assessee on the basis of irrelevant consideration. - AT

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