https://www.taxtmi.com/caselaws?id=328837 The ITAT Jaipur upheld the CIT(A)'s decision to delete trading addition by estimating profit at 7.5% subject to depreciation and interest for A.Y. 2010-11. The judgment emphasized the importance of fair estimation methods based on past history and specific circumstances, dismissing the revenue's appeal. en-us Thu, 28 Apr 2016 00:00:00 +0530 Thu, 16 Jun 2016 13:45:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328837 The ITAT Jaipur upheld the CIT(A)'s decision to delete trading addition by estimating profit at 7.5% subject to depreciation and interest for A.Y. 2010-11. The judgment emphasized the importance of fair estimation methods based on past history and specific circumstances, dismissing the revenue's appeal. Case-Laws Income Tax Thu, 28 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328837