Income from Undisclosed Receipts Assessed at 8% Net Due to Unrecorded Expenses Noted in Case on Income Accrual.

Income from Undisclosed Receipts Assessed at 8% Net Due to Unrecorded Expenses Noted in Case on Income Accrual. https://www.taxtmi.com/highlights?id=15051 Accrual of income - determination of income out of the receipt not disclosed in the books of account - when the receipts were out of the books of accounts, the payment on account of expenses may also be out of the books of accounts - net income will be 8% - AT en-us Sat, 12 Oct 2013 12:28:33 +0530 Sat, 12 Oct 2013 12:28:33 +0530 TaxTMI RSS Generator Income from Undisclosed Receipts Assessed at 8% Net Due to Unrecorded Expenses Noted in Case on Income Accrual. https://www.taxtmi.com/highlights?id=15051 Accrual of income - determination of income out of the receipt not disclosed in the books of account - when the receipts were out of the books of accounts, the payment on account of expenses may also be out of the books of accounts - net income will be 8% - AT Highlights Income Tax Sat, 12 Oct 2013 12:28:33 +0530 https://www.taxtmi.com/highlights?id=15051