https://www.taxtmi.com/highlights?id=15320 Estimated the possible profit out of purchases made through non-genuine parties -The estimation of rate of profit return must necessarily vary with the nature of business and no uniform yardstick can be adopted - Disallowance to the extent of 12.5 percent is allowed - HC en-us Sat, 26 Oct 2013 19:07:30 +0530 Sat, 26 Oct 2013 19:07:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15320 Estimated the possible profit out of purchases made through non-genuine parties -The estimation of rate of profit return must necessarily vary with the nature of business and no uniform yardstick can be adopted - Disallowance to the extent of 12.5 percent is allowed - HC Highlights Income Tax Sat, 26 Oct 2013 19:07:30 +0530 https://www.taxtmi.com/highlights?id=15320