https://www.taxtmi.com/highlights?id=27926 Reopening of assessment - The ITAT observed that “just one unrealistic and absurd figure of net profit is taken out from the print out of the rough document from the CPU/hard disk and adopted for assessment of total income. Such an approach cannot be approved - the view taken by the ITAT is a plausible one and cannot be said to suffer from any perversity warranting interference. - HC en-us Fri, 11 Mar 2016 12:40:57 +0530 Fri, 11 Mar 2016 12:40:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27926 Reopening of assessment - The ITAT observed that “just one unrealistic and absurd figure of net profit is taken out from the print out of the rough document from the CPU/hard disk and adopted for assessment of total income. Such an approach cannot be approved - the view taken by the ITAT is a plausible one and cannot be said to suffer from any perversity warranting interference. - HC Highlights Income Tax Fri, 11 Mar 2016 12:40:57 +0530 https://www.taxtmi.com/highlights?id=27926