Tuesday, October 23, 2018

Fall in GP ratio couldn't be a sole ground for rejection of books of account to frame best judgment assessment

IT: Fall in gross profit ratio can be due to various reasons and cannot be sole and only ground to reject book results in entirety and frame best judgment assessment on hypothetical basis by applying a particular gross profit ratio

from www.taxmann.com Latest Case Laws https://ift.tt/2JcaeJN
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