Court Rules Income from Seized Diary to Be Taxed on Highest Peak with Additional 5% Profit. https://www.taxtmi.com/highlights?id=20791 It would be just and proper, if, the income from the transactions recorded in the seized diary are determined on the basis of highest peak, as increased by the net profit of 5 per cent on the receipts and taxed accordingly - HC en-us Wed, 26 Nov 2014 10:55:32 +0530 Wed, 26 Nov 2014 10:55:32 +0530 TaxTMI RSS Generator Court Rules Income from Seized Diary to Be Taxed on Highest Peak with Additional 5% Profit. https://www.taxtmi.com/highlights?id=20791 It would be just and proper, if, the income from the transactions recorded in the seized diary are determined on the basis of highest peak, as increased by the net profit of 5 per cent on the receipts and taxed accordingly - HC Highlights Income Tax Wed, 26 Nov 2014 10:55:32 +0530 https://www.taxtmi.com/highlights?id=20791