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VAT - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Enhancement of turnover - Sodium Silicate - Once the best ...

VAT and Sales Tax

February 21, 2020

Enhancement of turnover - Sodium Silicate - Once the best judgment assessment is made by the Assessing Authority or even higher Appellate Authorities rejecting the books of accounts for the declared turnover by the Assessee, they are entitled to adopt one or more of such parameters or yardsticks to estimate the production and turnover of the Assessee. - HC

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