https://www.taxtmi.com/caselaws?id=328337 The Tribunal upheld the rejection of the books of accounts and the estimation of Gross Profit at 0.5%, along with the disallowance of salary expenses under section 40A(3) for the assessment year 2011-12. The Tribunal found the decisions of the CIT(A) reasonable and dismissed the assessee's appeal, emphasizing the lack of material evidence to challenge the findings. en-us Tue, 26 Apr 2016 00:00:00 +0530 Wed, 01 Jun 2016 21:53:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328337 The Tribunal upheld the rejection of the books of accounts and the estimation of Gross Profit at 0.5%, along with the disallowance of salary expenses under section 40A(3) for the assessment year 2011-12. The Tribunal found the decisions of the CIT(A) reasonable and dismissed the assessee's appeal, emphasizing the lack of material evidence to challenge the findings. Case-Laws Income Tax Tue, 26 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328337