https://www.taxtmi.com/caselaws?id=254539 The Tribunal allowed the appeal, holding that the Assessing Officer was unjustified in rejecting the books of account and estimating the gross profit at 2% of gross sales. The Tribunal directed the deletion of the gross profit addition, upheld the audited accounts, and accepted the declared profits of the assessee. The decision was rendered on 17th December 2014. en-us Wed, 17 Dec 2014 00:00:00 +0530 Thu, 25 Dec 2014 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254539 The Tribunal allowed the appeal, holding that the Assessing Officer was unjustified in rejecting the books of account and estimating the gross profit at 2% of gross sales. The Tribunal directed the deletion of the gross profit addition, upheld the audited accounts, and accepted the declared profits of the assessee. The decision was rendered on 17th December 2014. Case-Laws Income Tax Wed, 17 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254539