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Income Tax - Highlights / Catch Notes

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Method of accounting - Construction Contracts - AO's action of ...


AO's Rejection of Books u/s 145(3) for Construction Contract Deemed Unjustified; Presumptive Income Assessment Challenged.

January 25, 2017

Case Laws     Income Tax     AT

Method of accounting - Construction Contracts - AO's action of rejecting books of accounts in terms of Section 145(3) of the IT Act and assessing income u/s 44BBB(1) on presumptive basis is not justified - AT

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