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![Tribunal rightly estimated Profit at the rate of 2% of Total Credits: Gujarat High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Tribunal-estimated-profit-Credits-Gujarat-High-Court-Taxscan.jpg "Tribunal rightly estimated Profit at the rate of 2% of Total Credits: Gujarat High Court [Read Order]")
Tribunal rightly estimated Profit at the rate of 2% of Total Credits: Gujarat High Court [Read Order]
The Gujarat High Court held that the tribunal rightly estimated the income at the rate of 2% of the amount deposited with the bank. A huge amount...
![CBDT proposes to Report Half Yearly estimated Revenues, Profit, and Taxes for Companies [Read draft Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "CBDT proposes to Report Half Yearly estimated Revenues, Profit, and Taxes for Companies [Read draft Notification]")