https://www.taxtmi.com/caselaws?id=234724 The Tribunal dismissed the Revenue's appeal and partly allowed the Assessee's appeal in a case involving delay in filing the appeal, disallowance of consumable purchases and hiring charges, disallowance of labor charges, adverse inferences on discrepancies in payments, and estimation of profit percentage. The delay in filing the appeal was condoned. The disallowances made by the Assessing Officer were partly upheld by the CIT(A), with the Tribunal directing an estimation of profit at 10% of turnover, considering evidence and discrepancies in vouchers. en-us Tue, 14 May 2013 00:00:00 +0530 Tue, 25 Jun 2013 20:18:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234724 The Tribunal dismissed the Revenue's appeal and partly allowed the Assessee's appeal in a case involving delay in filing the appeal, disallowance of consumable purchases and hiring charges, disallowance of labor charges, adverse inferences on discrepancies in payments, and estimation of profit percentage. The delay in filing the appeal was condoned. The disallowances made by the Assessing Officer were partly upheld by the CIT(A), with the Tribunal directing an estimation of profit at 10% of turnover, considering evidence and discrepancies in vouchers. Case-Laws Income Tax Tue, 14 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234724