https://www.taxtmi.com/caselaws?id=77111 The Tribunal concluded that neither the proviso to Section 145(1) nor Section 145(2) of the Income-tax Act, 1961, were applicable in this case. It canceled the addition worked out by the Assessing Officer, upheld the correctness of the book results, rejected the application of a 22% net profit rate on the entire turnover, deleted the addition on account of commission on indirect export sales, suppressed domestic sales, and unaccounted local sales. The High Court found no illegality in the Tribunal's order and dismissed the appeal. en-us Thu, 16 Jul 2009 00:00:00 +0530 Fri, 01 Feb 2013 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77111 The Tribunal concluded that neither the proviso to Section 145(1) nor Section 145(2) of the Income-tax Act, 1961, were applicable in this case. It canceled the addition worked out by the Assessing Officer, upheld the correctness of the book results, rejected the application of a 22% net profit rate on the entire turnover, deleted the addition on account of commission on indirect export sales, suppressed domestic sales, and unaccounted local sales. The High Court found no illegality in the Tribunal's order and dismissed the appeal. Case-Laws Income Tax Thu, 16 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77111