https://www.taxtmi.com/caselaws?id=214883 The Tribunal ruled in favor of the assessee, setting aside the lower authorities' orders that estimated profits based on work in progress. The Tribunal directed the Assessing Officer to decide on the valuation of closing stock and commission payments after verification. The appeals filed by the assessee were partly allowed, with the judgment pronounced on May 25, 2012. en-us Fri, 25 May 2012 00:00:00 +0530 Thu, 19 Jul 2012 08:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214883 The Tribunal ruled in favor of the assessee, setting aside the lower authorities' orders that estimated profits based on work in progress. The Tribunal directed the Assessing Officer to decide on the valuation of closing stock and commission payments after verification. The appeals filed by the assessee were partly allowed, with the judgment pronounced on May 25, 2012. Case-Laws Income Tax Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214883