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    <title>2016 (1) TMI 1201 - ITAT HYDERABAD</title>
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    <description>The Revenue&#039;s appeal was partly allowed in the case concerning unexplained cash deposits, treatment of advances received, claim of advance from a late brother, and eligibility under Section 44AD for the AY 2010-11. The CIT(A) accepted part of the advances received from customers but added unexplained receipts. The claim of advance from the late brother was rejected due to lack of evidence, and the assessee was deemed ineligible for benefits under Section 44AD. The AO was directed to calculate the gross income at 20% of the total turnover.</description>
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      <title>2016 (1) TMI 1201 - ITAT HYDERABAD</title>
      <link>https://www.taxtmi.com/caselaws?id=189248</link>
      <description>The Revenue&#039;s appeal was partly allowed in the case concerning unexplained cash deposits, treatment of advances received, claim of advance from a late brother, and eligibility under Section 44AD for the AY 2010-11. The CIT(A) accepted part of the advances received from customers but added unexplained receipts. The claim of advance from the late brother was rejected due to lack of evidence, and the assessee was deemed ineligible for benefits under Section 44AD. The AO was directed to calculate the gross income at 20% of the total turnover.</description>
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      <pubDate>Fri, 22 Jan 2016 00:00:00 +0530</pubDate>
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