https://www.taxtmi.com/caselaws?id=272207 The appeals for Assessment Year (AY) 2009-10 were dismissed, and the appeal for AY 2011-12 was partly allowed. The Tribunal upheld the decisions on the application of Net Profit (NP) rates, treatment of hire charges and interest income, and deletion of disallowance under Section 40(a)(ia). Additionally, the Tribunal confirmed a lump sum addition for AY 2011-12 due to the decline in NP rate and lack of proper books. en-us Wed, 27 Jan 2016 00:00:00 +0530 Tue, 01 Mar 2016 11:41:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272207 The appeals for Assessment Year (AY) 2009-10 were dismissed, and the appeal for AY 2011-12 was partly allowed. The Tribunal upheld the decisions on the application of Net Profit (NP) rates, treatment of hire charges and interest income, and deletion of disallowance under Section 40(a)(ia). Additionally, the Tribunal confirmed a lump sum addition for AY 2011-12 due to the decline in NP rate and lack of proper books. Case-Laws Income Tax Wed, 27 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272207