https://www.taxtmi.com/caselaws?id=247920 The ITAT Mumbai, in a case concerning the assessment of gross profit margin for the assessment year 2008-09, directed the AO to restrict the disallowance to Rs. 20,00,000, providing the assessee with partial relief of Rs. 15,68,565. This decision was based on the lack of concrete evidence from either party, aiming to ensure fairness in the assessment process. en-us Wed, 30 Apr 2014 00:00:00 +0530 Tue, 27 May 2014 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247920 The ITAT Mumbai, in a case concerning the assessment of gross profit margin for the assessment year 2008-09, directed the AO to restrict the disallowance to Rs. 20,00,000, providing the assessee with partial relief of Rs. 15,68,565. This decision was based on the lack of concrete evidence from either party, aiming to ensure fairness in the assessment process. Case-Laws Income Tax Wed, 30 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247920