https://www.taxtmi.com/caselaws?id=240087 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the Assessing Officer on account of low Gross Profit, emphasizing the lack of specific discrepancies or material evidence to justify the rejection of the books of account. The revenue's appeal was dismissed, along with the Cross Objection filed by the assessee in support of the CIT(A)'s order. en-us Thu, 31 Jan 2013 00:00:00 +0530 Mon, 25 Nov 2013 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240087 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the Assessing Officer on account of low Gross Profit, emphasizing the lack of specific discrepancies or material evidence to justify the rejection of the books of account. The revenue's appeal was dismissed, along with the Cross Objection filed by the assessee in support of the CIT(A)'s order. Case-Laws Income Tax Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240087