https://www.taxtmi.com/caselaws?id=265311 The Tribunal reversed the rejection of the books of accounts under section 145(3) and the addition based on the increased GP rate, emphasizing the complexities in maintaining stock registers for jewellery businesses. It highlighted the need for a nuanced approach in assessing income in such cases, ultimately partially allowing the assessee's appeal. en-us Tue, 11 Aug 2015 00:00:00 +0530 Thu, 27 Aug 2015 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265311 The Tribunal reversed the rejection of the books of accounts under section 145(3) and the addition based on the increased GP rate, emphasizing the complexities in maintaining stock registers for jewellery businesses. It highlighted the need for a nuanced approach in assessing income in such cases, ultimately partially allowing the assessee's appeal. Case-Laws Income Tax Tue, 11 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265311