Addition of Entire Unaccounted Stock Sales Upheld; Penalty Under Section 271(1)(c) Sustained as GP Rate Inapplicable
Addition of Entire Unaccounted Stock Sales Upheld; Penalty Under Section 271(1)(c) Sustained as GP Rate Inapplicable Addition of Entire Unaccounted Stock Sales Upheld; Penalty Under Section 271(1)(c) Sustained as GP Rate Inapplicable Issue Whether the addition of the entire value of unaccounted sales (uncovered during an Excise survey) was justified when raw material costs were… Read More »