https://www.taxtmi.com/caselaws?id=264084 The High Court addressed challenges raised by the appellant revenue regarding the deletion of addition under section 68 of the Income Tax Act and the estimation of Gross Profit. The Court admitted the challenge related to the deletion of the addition, framing a substantial question of law for consideration. However, the challenge regarding the estimation of Gross Profit was disallowed, as the conclusions were based on concurrent findings of fact and did not raise any legal questions. en-us Tue, 08 Sep 2015 00:00:00 +0530 Thu, 17 Sep 2015 08:03:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264084 The High Court addressed challenges raised by the appellant revenue regarding the deletion of addition under section 68 of the Income Tax Act and the estimation of Gross Profit. The Court admitted the challenge related to the deletion of the addition, framing a substantial question of law for consideration. However, the challenge regarding the estimation of Gross Profit was disallowed, as the conclusions were based on concurrent findings of fact and did not raise any legal questions. Case-Laws Income Tax Tue, 08 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264084