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Net Profit Rate
Application of 8% Net Profit Rate on Gross Receipts under Contract is valid unless Illegality is Proven: Calcutta HC upholds ITAT’s Order [Read Order]
July 5, 2024
Income of Assessee to be estimated at 8% of the gross turnover, if books of accounts not maintained: ITAT [Read Order]
March 10, 2021
Excessive Application of Net Profit Rate is Not Admissible: ITAT [Read Order]
December 3, 2019
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