Home / 
Only Profit from Unaccounted Sales is Taxable, Not Entire Sales Amount According to Settled Legal Principle.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Rate of gross profit to be adopted for unaccounted sales - It is settled law that the entire sales cannot be considered as income but only the profit embedded in it is to be considered as income - AT....