https://www.taxtmi.com/caselaws?id=177631 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the gross profit addition and disallowance of plumbing service expenses. The AO's calculation of gross profit addition was deemed improper as it was based on a higher rate than shown by the assessee without proper grounds for rejecting the books of accounts. Similarly, the disallowance of plumbing service expenses was overturned as the services were provided during the warranty period as per contractual obligations. en-us Fri, 15 Oct 2010 00:00:00 +0530 Wed, 13 Jan 2016 18:31:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177631 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the gross profit addition and disallowance of plumbing service expenses. The AO's calculation of gross profit addition was deemed improper as it was based on a higher rate than shown by the assessee without proper grounds for rejecting the books of accounts. Similarly, the disallowance of plumbing service expenses was overturned as the services were provided during the warranty period as per contractual obligations. Case-Laws Income Tax Fri, 15 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177631