https://www.taxtmi.com/caselaws?id=207981 The Tribunal upheld the rejection of book results and the addition of Rs. 8,30,600/- based on a 10% GP rate. However, it deleted the separate addition of Rs. 21,69,079/- for work in progress and the disallowance of Rs. 3,62,492/- for staff salary and material testing expenses. The Tribunal partially allowed the appeal, emphasizing that the GP rate estimation should cover all essential adjustments. en-us Thu, 16 Dec 2010 00:00:00 +0530 Fri, 22 Jul 2011 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207981 The Tribunal upheld the rejection of book results and the addition of Rs. 8,30,600/- based on a 10% GP rate. However, it deleted the separate addition of Rs. 21,69,079/- for work in progress and the disallowance of Rs. 3,62,492/- for staff salary and material testing expenses. The Tribunal partially allowed the appeal, emphasizing that the GP rate estimation should cover all essential adjustments. Case-Laws Income Tax Thu, 16 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207981