https://www.taxtmi.com/caselaws?id=262542 The Tribunal partially allowed the appeal by reducing the estimated GP rate to 6.5% from 7.37% but upheld the addition made on account of low Gross profit due to unreliable books of account and lack of proper documentation. The decision was based on a thorough analysis of the facts and legal precedents, ensuring a fair and justifiable outcome. en-us Tue, 20 Jan 2015 00:00:00 +0530 Thu, 13 Aug 2015 07:01:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262542 The Tribunal partially allowed the appeal by reducing the estimated GP rate to 6.5% from 7.37% but upheld the addition made on account of low Gross profit due to unreliable books of account and lack of proper documentation. The decision was based on a thorough analysis of the facts and legal precedents, ensuring a fair and justifiable outcome. Case-Laws Income Tax Tue, 20 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262542