https://www.taxtmi.com/caselaws?id=256526 The Tribunal allowed the Assessee's appeal for both issues: the estimation of net profit and the taxability of interest income. The Tribunal directed a fresh assessment based on the now available statutory audit report and the new evidence regarding the nature of the interest income. The decision emphasized the importance of considering all relevant evidence and providing sufficient opportunity for the Assessee to present its case. en-us Mon, 12 Jan 2015 00:00:00 +0530 Mon, 16 Feb 2015 09:52:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256526 The Tribunal allowed the Assessee's appeal for both issues: the estimation of net profit and the taxability of interest income. The Tribunal directed a fresh assessment based on the now available statutory audit report and the new evidence regarding the nature of the interest income. The decision emphasized the importance of considering all relevant evidence and providing sufficient opportunity for the Assessee to present its case. Case-Laws Income Tax Mon, 12 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256526