Addition towards non-existing profits - Tribunal has included ...

VAT and Sales Tax

July 8, 2019

Addition towards non-existing profits - Tribunal has included the value of goods, loading and unloading charges, railway freight as also the service charges received in turnover - Once the modus operandi of the assessee's business has been accepted and held that Societies were running for the benefit for their members and service charges had been included in the taxable turnover - no addition on presumptive basis permissible

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Addition towards non-existing profits - Tribunal has included ...

VAT and Sales Tax

July 8, 2019

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