In case of unaccounted turnover, only addition of profit ...

Assessing Officer Cannot Use Section 69 for Unaccounted Turnover; Only Embedded Profit Can Be Taxed.

December 5, 2018

Case Laws Income Tax AT

In case of unaccounted turnover, only addition of profit embedded therein can be made - in such circumstances Assessing Officer cannot take resort to Section 69 of the Act.

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In case of unaccounted turnover, only addition of profit ...

Assessing Officer Cannot Use Section 69 for Unaccounted Turnover; Only Embedded Profit Can Be Taxed.

December 5, 2018

Case Laws Income Tax AT

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