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Income Tax | 20% Profit Estimate Cut to 8% for Spare Parts Business: ITAT Cuttack
ITAT Cuttack replaces 20% profit estimate with 8% and treats ₹98,000 cash deposit as business proceeds forming part of turnover. The post 20% Profit Estimate Cut to 8% for Spare Parts Business: ITAT Cuttack appeared first on TaxGuru .
Attribution
Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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