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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Determination of income on ‘project completion method - in view ...

Income Tax

September 30, 2016

Determination of income on ‘project completion method - in view of the uncertainties involved, the action of the Assessing Officer in deducing the income of the assessee in the current year by making an ad-hoc estimation of profits is not justified - AT

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