https://www.taxtmi.com/caselaws?id=169860 The appeal was allowed for statistical purposes, and the matter was remanded for a correct computation of the GP rate based on the entire circumstances of the case. The decision emphasized the significance of maintaining accurate records and proper income computation, directing the matter to be sent back to the Assessing Officer for a fresh decision, granting the assessee a reasonable opportunity of hearing. en-us Fri, 21 Feb 2014 00:00:00 +0530 Wed, 29 Oct 2014 12:53:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169860 The appeal was allowed for statistical purposes, and the matter was remanded for a correct computation of the GP rate based on the entire circumstances of the case. The decision emphasized the significance of maintaining accurate records and proper income computation, directing the matter to be sent back to the Assessing Officer for a fresh decision, granting the assessee a reasonable opportunity of hearing. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169860