Assessing Officer Validly Rejects Defective Accounts, Estimates Profit u/s 145(3) of Income Tax Act.

Assessing Officer Validly Rejects Defective Accounts, Estimates Profit u/s 145(3) of Income Tax Act. https://www.taxtmi.com/highlights?id=5053 Estimation of profit - rejection of books of accounts - keeping in view such glaring defects in the books of account and the statement of the appellant during the course of survey A.O. has rightly applied provisions of section 145(3). - AT en-us Fri, 31 Aug 2012 17:59:25 +0530 Fri, 31 Aug 2012 17:59:25 +0530 TaxTMI RSS Generator Assessing Officer Validly Rejects Defective Accounts, Estimates Profit u/s 145(3) of Income Tax Act. https://www.taxtmi.com/highlights?id=5053 Estimation of profit - rejection of books of accounts - keeping in view such glaring defects in the books of account and the statement of the appellant during the course of survey A.O. has rightly applied provisions of section 145(3). - AT Highlights Income Tax Fri, 31 Aug 2012 17:59:25 +0530 https://www.taxtmi.com/highlights?id=5053