https://www.taxtmi.com/caselaws?id=209128 The Tribunal partly allowed the appeal by directing a specific disallowance related to unverifiable purchases and allowing the ground on late deposit of PF and ESI contributions. Other grounds, including the estimation of net profit and disallowance under Section 40(ia), were upheld with modifications. The appellant's grounds on the validity of the assessment order and allowance of depreciation were dismissed. en-us Fri, 29 Jan 2010 00:00:00 +0530 Thu, 03 May 2012 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209128 The Tribunal partly allowed the appeal by directing a specific disallowance related to unverifiable purchases and allowing the ground on late deposit of PF and ESI contributions. Other grounds, including the estimation of net profit and disallowance under Section 40(ia), were upheld with modifications. The appellant's grounds on the validity of the assessment order and allowance of depreciation were dismissed. Case-Laws Income Tax Fri, 29 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209128