https://www.taxtmi.com/caselaws?id=202930 The Tribunal allowed the appeals of the assessees, directing the AO to accept the profit estimation based on the net wealth method and to provide credit for the tax paid by the partnership firms in the individual assessments. The appeals by the Revenue were dismissed. en-us Mon, 31 Aug 2009 00:00:00 +0530 Fri, 17 Aug 2012 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202930 The Tribunal allowed the appeals of the assessees, directing the AO to accept the profit estimation based on the net wealth method and to provide credit for the tax paid by the partnership firms in the individual assessments. The appeals by the Revenue were dismissed. Case-Laws Income Tax Mon, 31 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202930