https://www.taxtmi.com/caselaws?id=239232 The Tribunal modified the income estimation for the partnership firm engaged in civil contract works, setting the profit rates at 6.5% for main contract works and 4.5% for subcontract works. It upheld the separate assessment of interest income from fixed deposits and the disallowance of freight charges under section 40(a)(ia) for non-compliance with TDS provisions. The appeal was partly allowed with these modifications. en-us Fri, 03 May 2013 00:00:00 +0530 Sat, 09 Nov 2013 07:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239232 The Tribunal modified the income estimation for the partnership firm engaged in civil contract works, setting the profit rates at 6.5% for main contract works and 4.5% for subcontract works. It upheld the separate assessment of interest income from fixed deposits and the disallowance of freight charges under section 40(a)(ia) for non-compliance with TDS provisions. The appeal was partly allowed with these modifications. Case-Laws Income Tax Fri, 03 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239232