73 results for “section 68”+ Section 96clear
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Section 68 of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act, 1961’). 4. The Commissioner of Income Tax (Appeals) [CIT(A)] upheld the aforesaid addition. 5. The second addition was made by the assessing officer in the Gross Profit (GP) Rate disclosed by the assessee. The assessee disclosed GP Rate of 4.6% and export turn-over