Gross Profit Rate - Application of section 145(3) of the Income Tax Act

deepak K Gujrati , Last updated: 29 March 2011  
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SYNOPSIS The purpose of this article is to examine the situation where trading results declared by the assessee in the books of accounts is not accepted by the Income Tax department for defects in the books of accounts and when there is low Gross Profit Rate as compared to previous year.� ��

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Published by

deepak K Gujrati
(CA-practice)
Category Income Tax   Report

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