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AO couldn’t reject books of account just because there was fall in gross profit rate
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Corporate Tax
AO couldn’t reject books of account just because there was fall in gross profit rate
Posted on
on
October 16, 2018
Tenet Tax Daily October 15 2018
By
tenettax-team
Corporate Tax
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No concealment penalty if sec. 54 relief was disallowed on ground that property sold wasn’t residential
Amendment to sec. 2(14) providing aerial distance for determining agricultural land has no retro-effect
