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Home Highlights December 2023 Year 2023 This

Enhancement of turnover - Best Judgement assessment - The ...

VAT and Sales Tax

December 14, 2023

Enhancement of turnover - Best Judgement assessment - The tribunal was not justified in confirming the enhancement of turnover in view of the fact that at the time of survey loose papers were found which have been explained by the revisionist and merely on that ground the books of account can be rejected but enhancement should not be made. - HC

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