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Gross profit rate couldn’t be computed with reference to returns of subsequent years: HC
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Corporate Tax
Gross profit rate couldn’t be computed with reference to returns of subsequent years: HC
Posted on
on
November 2, 2017
Tenet Tax Daily November 02 2017
By
tenettax-team
Corporate Tax
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No sec. 35 deduction if assessee failed to prove that exp. incurred on scientific research was for own business
HC dismissed writ filed against sec. 263 notice due to existence of alternate remedy
