Respected Sir,
The IT dept has rejected the GP as per books of accounts, instead fixed random rate of GP and passed Order.
Any HC Judgement against the above action of Dept, may please be posted here/sent, and obliged.
Thanking You,
Yours faithfully
AUDITOR CHANDROO/
Here, officer can not impose penalty u/s 270A, as situation covers under 270A(6) of the Income tax act, 1961
Gowra Ventures Pvt Ltd
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