Appellate Authorities Fail to Justify 13% Net Profit Rate; Lack Evidence for Estimation of 10% or 13% Profit.

Appellate Authorities Fail to Justify 13% Net Profit Rate; Lack Evidence for Estimation of 10% or 13% Profit. https://www.taxtmi.com/highlights?id=2201 Estimation of net profit @of 10% or 13% - the appellate authorities had failed to discuss any material on the basis of which it could come to the conclusion that 13% net profit rate was justified.... - HC en-us Sat, 26 Nov 2011 11:09:30 +0530 Sat, 26 Nov 2011 11:09:30 +0530 TaxTMI RSS Generator Appellate Authorities Fail to Justify 13% Net Profit Rate; Lack Evidence for Estimation of 10% or 13% Profit. https://www.taxtmi.com/highlights?id=2201 Estimation of net profit @of 10% or 13% - the appellate authorities had failed to discuss any material on the basis of which it could come to the conclusion that 13% net profit rate was justified.... - HC Highlights Income Tax Sat, 26 Nov 2011 11:09:30 +0530 https://www.taxtmi.com/highlights?id=2201