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J.TA. NO.581/KB OF 1984-85, DECIDED ON 12TH FEBRUARY, 1989. versus J.TA. NO.581/KB OF 1984-85, DECIDED ON 12TH FEBRUARY, 1989.


Defective books of accounts in Sections 62 and 59 are required to be defective in the books of the Income Tax Officer's Additional Duty Accounts so that the declared results can be rejected and the books of accounts estimated from the sale of purchased goods. Where purchases are validated but sales are unverifiable and / or are not supported by quantitative analysis, and it is stated that gross profit is low, the maximum tax return is estimated by the Income Tax Officer. Can calculate gross profit by using example and detailed analysis Hand is offered. Procedures

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