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Income Tax - Highlights / Catch Notes

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Addition u/s 41 - Assessee added the amount towards written ...

Income Tax

Addition u/s 41 - Assessee added the amount towards written off of sundry creditors in the amount of sales and shown the gross profit @6.46% - The action of the concerned C.A. is wholly in appropriate and we do not approve his conduct in preparing such a Trading Account. - However, no addition in the hands of assessee.

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