https://www.taxtmi.com/caselaws?id=207465 The Tribunal dismissed the revenue's appeal against the Ld. CIT(A) Faridabad's order for the assessment year 2004-05. The AO's rejection of the book result led to the estimation of income using an 8% gross profit rate. Disallowances made by the AO were deleted by the Ld. CIT(A), with the Tribunal upholding the decision based on past precedents. The consistent approach in earlier years and similarity in facts supported the dismissal of the revenue's appeal. en-us Thu, 01 Dec 2011 00:00:00 +0530 Tue, 13 Dec 2011 23:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207465 The Tribunal dismissed the revenue's appeal against the Ld. CIT(A) Faridabad's order for the assessment year 2004-05. The AO's rejection of the book result led to the estimation of income using an 8% gross profit rate. Disallowances made by the AO were deleted by the Ld. CIT(A), with the Tribunal upholding the decision based on past precedents. The consistent approach in earlier years and similarity in facts supported the dismissal of the revenue's appeal. Case-Laws Income Tax Thu, 01 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207465