https://www.taxtmi.com/caselaws?id=219105 The Tribunal set aside the assessment order and the impugned order, directing a fresh decision by the Assessing Officer. Emphasizing the consideration of the assessee's past history and proper disclosure and confrontation in comparisons with other businesses, the Tribunal allowed the appeals of both the assessee and the department for statistical purposes. The issues regarding rejection of accounts under Section 145(3), comparison with other businesses for GP rate determination, validity of additions sustained by CIT(A), and admissibility of fresh evidence were remanded for reevaluation. en-us Tue, 31 Jan 2012 00:00:00 +0530 Wed, 05 Dec 2012 08:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219105 The Tribunal set aside the assessment order and the impugned order, directing a fresh decision by the Assessing Officer. Emphasizing the consideration of the assessee's past history and proper disclosure and confrontation in comparisons with other businesses, the Tribunal allowed the appeals of both the assessee and the department for statistical purposes. The issues regarding rejection of accounts under Section 145(3), comparison with other businesses for GP rate determination, validity of additions sustained by CIT(A), and admissibility of fresh evidence were remanded for reevaluation. Case-Laws Income Tax Tue, 31 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219105