https://www.taxtmi.com/caselaws?id=260384 The Tribunal dismissed both the assessee's and the department's appeals, upholding the CIT(A)'s order. The CIT(A)'s approach of part acceptance and part rejection of books of accounts was justified, and the estimated GP rate on disputed transactions was reasonable. The CIT(A) did not exceed his jurisdiction or make an enhancement, and the rejection of books of accounts under Section 145 was warranted. en-us Fri, 21 Nov 2014 00:00:00 +0530 Thu, 28 Feb 2019 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260384 The Tribunal dismissed both the assessee's and the department's appeals, upholding the CIT(A)'s order. The CIT(A)'s approach of part acceptance and part rejection of books of accounts was justified, and the estimated GP rate on disputed transactions was reasonable. The CIT(A) did not exceed his jurisdiction or make an enhancement, and the rejection of books of accounts under Section 145 was warranted. Case-Laws Income Tax Fri, 21 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260384