AO having estimated the higher profit rate on total contract ...

AO Rejects Books, Estimates Higher Profit; No Separate Additions for Unexplained Cash Credits Under Sec 68.

December 9, 2016

Case Laws Income Tax AT

AO having estimated the higher profit rate on total contract receipts after rejection of the books of account invoking the provisions of s. 145(3), no separate additions can be made on account of unexplained cash credit u/s 68 of the Act of 1961 - AT

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AO having estimated the higher profit rate on total contract ...

AO Rejects Books, Estimates Higher Profit; No Separate Additions for Unexplained Cash Credits Under Sec 68.

December 9, 2016

Case Laws Income Tax AT

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