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Enhancement of gross profit rate was justified when assessee failed to produce bills and vouchers of purchases
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Corporate Tax
Enhancement of gross profit rate was justified when assessee failed to produce bills and vouchers of purchases
Posted on
on
February 17, 2017
Tenet Tax Daily February 13 2017
By
tenettax-team
Corporate Tax
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Reassessment justified when TDS wing informed about TDS default and related records already destroyed in fire
AO couldn’t make reassessment for unexplained investment merely on basis of roving inquiry