https://www.taxtmi.com/caselaws?id=326544 The Tribunal allowed the appeal, overturning the rejection of books of accounts, the estimation of GP rate, and the disallowances of expenses. The detailed analysis highlighted the lack of specific defects in the assessee's records and the failure of the authorities to justify their estimations and disallowances. The Tribunal's decision emphasized maintaining proper documentation and the need for authorities to provide clear justifications for their actions. en-us Wed, 24 Feb 2016 00:00:00 +0530 Tue, 19 Apr 2016 11:58:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326544 The Tribunal allowed the appeal, overturning the rejection of books of accounts, the estimation of GP rate, and the disallowances of expenses. The detailed analysis highlighted the lack of specific defects in the assessee's records and the failure of the authorities to justify their estimations and disallowances. The Tribunal's decision emphasized maintaining proper documentation and the need for authorities to provide clear justifications for their actions. Case-Laws Income Tax Wed, 24 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326544