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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Estimation of income done by AO at 1% of the turnover - ...

Income Tax

January 7, 2016

Estimation of income done by AO at 1% of the turnover - assessee’s business profits or losses fluctuate on year to year basis. There is no need to reject the Books of Accounts which are maintained and on which defects are not pointed out so as to reject them - AT

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