Commissioner of Income Tax (Appeals) Sets Fair 20% Gross Profit Rate on Undisclosed Sales to Reflect Financial Impact.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Undisclosed profit from unaccounted sales - CIT(A) was fair and reasonable while applying the G.P. Rate at 20% on the undisclosed sales. - AT....