https://www.taxtmi.com/caselaws?id=181603 The Tribunal confirmed the estimation of profit at an 8% Net Profit rate for the Assessment Year 2006-07, excluding interest income from the total income estimation. The rejection of the adjournment application emphasized the importance of timely legal proceedings, leading to the Tribunal proceeding with the appeal on merit without granting further adjournments. en-us Fri, 25 May 2012 00:00:00 +0530 Tue, 12 Jun 2018 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181603 The Tribunal confirmed the estimation of profit at an 8% Net Profit rate for the Assessment Year 2006-07, excluding interest income from the total income estimation. The rejection of the adjournment application emphasized the importance of timely legal proceedings, leading to the Tribunal proceeding with the appeal on merit without granting further adjournments. Case-Laws Income Tax Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181603