adhoc determination of income under income tax.

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....dhoc determination of income under income tax.<br> Query (Issue) Started By: - gangaram chandwani Dated:- 4-2-2012 Last Reply Date:- 21-2-2012 Income Tax<br>Got 1 Reply<br>Income Tax<br>Are there any ....

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....case laws available on subject of adhoc additions and adhoc determination of income under income tax law? Reply By SHARIQUE TAHSEEN: The Reply: Hi Chandwani, There is no adhic basis of calculation o....

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....f income tax. But the newly incorporated section 44AD provides for 8% of the gross receipts/gorss turnover as the net income from business. However, this section is not applicable in case of Professio....

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....nals( as defined in Income Tax). Regards SHARIQUE<br> Discussion Forum - Knowledge Sharing ....