https://www.taxtmi.com/highlights?id=28928 Estimation of gross profit - the sale price of the product sometimes may be less than the purchase price when the market trend is going down. Therefore, based on the selling price, the AO cannot estimate the sales turnover for the part period by taking into account the remaining period sales - AT en-us Mon, 02 May 2016 00:36:10 +0530 Mon, 02 May 2016 00:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28928 Estimation of gross profit - the sale price of the product sometimes may be less than the purchase price when the market trend is going down. Therefore, based on the selling price, the AO cannot estimate the sales turnover for the part period by taking into account the remaining period sales - AT Highlights Income Tax Mon, 02 May 2016 00:36:10 +0530 https://www.taxtmi.com/highlights?id=28928