https://www.taxtmi.com/caselaws?id=269150 The ITAT partially allowed the appeal by directing the assessment of the assessee as a firm instead of AOP, admitting additional evidence rejected by the CIT(A), permitting remuneration and interest to partners, and adjusting the profit estimation under section 44AD due to lack of evidence for expenses. The decision highlighted the significance of procedural compliance, advocate guidance, and evidentiary support in tax assessments and profit estimations. en-us Tue, 13 Oct 2015 00:00:00 +0530 Wed, 09 Dec 2015 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269150 The ITAT partially allowed the appeal by directing the assessment of the assessee as a firm instead of AOP, admitting additional evidence rejected by the CIT(A), permitting remuneration and interest to partners, and adjusting the profit estimation under section 44AD due to lack of evidence for expenses. The decision highlighted the significance of procedural compliance, advocate guidance, and evidentiary support in tax assessments and profit estimations. Case-Laws Income Tax Tue, 13 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269150