https://www.taxtmi.com/caselaws?id=258831 The Tribunal partly allowed the appeal by directing a net profit rate of 3.5% for the estimation of net profit and considering only the profit embedded in the sales for the unexplained cash credits. The Tribunal also allowed the appeal against the penalty, directing its deletion due to the reduced quantum of addition. The order was pronounced on June 21, 2013. en-us Fri, 21 Jun 2013 00:00:00 +0530 Tue, 21 Apr 2015 19:34:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258831 The Tribunal partly allowed the appeal by directing a net profit rate of 3.5% for the estimation of net profit and considering only the profit embedded in the sales for the unexplained cash credits. The Tribunal also allowed the appeal against the penalty, directing its deletion due to the reduced quantum of addition. The order was pronounced on June 21, 2013. Case-Laws Income Tax Fri, 21 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258831