https://www.taxtmi.com/caselaws?id=263779 The ITAT partly allowed the appeals of the assessee, deleting additions made by the AO based on the estimation of deemed profit rate and absence of examination and rejection of books of accounts. The ITAT upheld the CIT(A)'s findings on the invocation of section 153C and approval from the Additional Commissioner of Income Tax. The decision applied mutatis mutandis to all assessment years involved. en-us Tue, 25 Aug 2015 00:00:00 +0530 Thu, 10 Sep 2015 08:18:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263779 The ITAT partly allowed the appeals of the assessee, deleting additions made by the AO based on the estimation of deemed profit rate and absence of examination and rejection of books of accounts. The ITAT upheld the CIT(A)'s findings on the invocation of section 153C and approval from the Additional Commissioner of Income Tax. The decision applied mutatis mutandis to all assessment years involved. Case-Laws Income Tax Tue, 25 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263779