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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Estimation of income - when the variation in the GP is ...

Income Tax

November 19, 2018

Estimation of income - when the variation in the GP is insignificant and there is an increase in the turnover of the assessee of more than three times then there is no justification of making addition by applying the GP rate of earlier year.

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