Bombay H.C : Whether the AO was justified in invoking the proviso to s. 145(1) of the IT Act, 1961, on the ground that the net method adopted by the assessee resulted in understatement of profits ?
High Court Of Bombay CIT vs. Indo Nippon Chemical Co. Ltd. Section 145(1) proviso Asst. Year 1989-90 S.H. Kapadia & […]