ITAT Jaipur Estimates Profit at 1.52% on Turnover of Rs. 7.96 Crores Amid Audit Lapses and Cash Irregularities The ITAT Jaipur noted that the assessee failed to file a tax audit report despite having substantial turnover and declared a meagre NP of 0.187%. The AO invoked Section 145(3) and applied a 10% disallowance on…
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