https://www.taxtmi.com/caselaws?id=202219 The Tribunal overturned the Assessing Officer's decision to reject the books of accounts and estimate sales and GP rate, accepting the GP rate declared by the assessee as reasonable. The Tribunal found discrepancies in the AO's estimation and upheld the assessee's GP rate of 14.40%, dismissing the appeal as no legal question arose from the Tribunal's decision. en-us Fri, 18 Feb 2011 00:00:00 +0530 Fri, 20 Nov 2015 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202219 The Tribunal overturned the Assessing Officer's decision to reject the books of accounts and estimate sales and GP rate, accepting the GP rate declared by the assessee as reasonable. The Tribunal found discrepancies in the AO's estimation and upheld the assessee's GP rate of 14.40%, dismissing the appeal as no legal question arose from the Tribunal's decision. Case-Laws Income Tax Fri, 18 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202219