I.TAS. NOS. 4589/LB AND 4589A/LB/1984-85, DECIDED ON 17TH AUGUST, 1989. versus I.TAS. NOS. 4589/LB AND 4589A/LB/1984-85, DECIDED ON 17TH AUGUST, 1989.
Section (32 ()) Rejection of Contracting Business Accounts in Various Projects The Income-tax Officer rejected the accounts of Ascum, who applied his GP rate to the contracts and supply account, as well as the profit and loss account. I did some extra backing. Prior to the tribunal's holding, the ACC was retained on appeal before the appeal, since no wages were recorded by any of the examiners, so its accounts were rightfully excluded. The GPAT implemented by TOO was a proper tribunal, however, due to the large amount of money involved in contracts and supplies, it was deleted. Increase pay and welfare payments
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