https://www.taxtmi.com/caselaws?id=236793 The Tribunal partly allowed both the revenue's appeal and the assessee's appeal. It directed the acceptance of the revised return, restricted the trading addition, deleted the addition due to non-deduction of TDS on rent, upheld the invocation of Section 145(3), and adjusted profit rate estimations on gross receipts from contract and manufacturing activities. The Tribunal stressed the importance of consistent profit rate application and the need for complete and verifiable accounts. en-us Fri, 26 Apr 2013 00:00:00 +0530 Sun, 08 Sep 2013 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236793 The Tribunal partly allowed both the revenue's appeal and the assessee's appeal. It directed the acceptance of the revised return, restricted the trading addition, deleted the addition due to non-deduction of TDS on rent, upheld the invocation of Section 145(3), and adjusted profit rate estimations on gross receipts from contract and manufacturing activities. The Tribunal stressed the importance of consistent profit rate application and the need for complete and verifiable accounts. Case-Laws Income Tax Fri, 26 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236793