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Income Tax | No 8% Profit Estimate Without Rejecting Audited Books U/s 145(3)

9 Sept 2026 · 9 Sept 2026By CA Vijayakumar Shetty

ITAT deletes profit estimation where audited books were not rejected, holding that Section 44AD could not justify an arbitrary rate. The post No 8% Profit Estimate Without Rejecting Audited Books U/s 145(3) appeared first on TaxGuru .

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