https://www.taxtmi.com/caselaws?id=205535 The Tribunal allowed the appeal by the assessee, accepting the book results and deleting the addition made by the Assessing Officer under Section 145 of the Income Tax Act. The Tribunal emphasized that the rejection of book results must be based on specific defects in the accounts, which were not found in this case. Consequently, the estimation of gross profit was deemed academic, and the issue of disallowance of expenses was dismissed as not pressed. en-us Fri, 17 Sep 2010 00:00:00 +0530 Wed, 08 Jun 2011 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205535 The Tribunal allowed the appeal by the assessee, accepting the book results and deleting the addition made by the Assessing Officer under Section 145 of the Income Tax Act. The Tribunal emphasized that the rejection of book results must be based on specific defects in the accounts, which were not found in this case. Consequently, the estimation of gross profit was deemed academic, and the issue of disallowance of expenses was dismissed as not pressed. Case-Laws Income Tax Fri, 17 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205535