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Omitted Sales Justify Book Rejection, Not Arbitrary 8% Profit Rate: Kolkata ITAT

21 Aug 2026 · 21 Aug 2026By CA Vijayakumar Shetty

Kolkata ITAT upholds books rejection under Section 145(3) for omitted turnover but remands 8% profit estimation for a properly supported rate. The post Omitted Sales Justify Book Rejection, Not Arbitrary 8% Profit Rate: Kolkata ITAT appeared first on TaxGuru .

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