https://www.taxtmi.com/highlights?id=72210 Addition towards notional profit - Suppression of sale - It is clear that what has to be considered for taxation, is not the market price of the goods which were transferred but the actual price that was received or fetched. Income which actually accrues is taxable. But income which the assessee could have but has not in fact earned cannot be taxed. - AT en-us Mon, 25 Sep 2023 08:17:59 +0530 Mon, 25 Sep 2023 08:17:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72210 Addition towards notional profit - Suppression of sale - It is clear that what has to be considered for taxation, is not the market price of the goods which were transferred but the actual price that was received or fetched. Income which actually accrues is taxable. But income which the assessee could have but has not in fact earned cannot be taxed. - AT Highlights Income Tax Mon, 25 Sep 2023 08:17:59 +0530 https://www.taxtmi.com/highlights?id=72210