https://www.taxtmi.com/caselaws?id=329565 The Tribunal allowed both appeals, rejecting the AO's application of Section 145(3) and the estimation of an 8% net profit rate. The Tribunal directed the deletion of the additions made by the AO and accepted the declared results of the assessee. The appeals were pronounced in favor of the assessee on November 26, 2015. en-us Thu, 26 Nov 2015 00:00:00 +0530 Tue, 05 Jul 2016 22:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329565 The Tribunal allowed both appeals, rejecting the AO's application of Section 145(3) and the estimation of an 8% net profit rate. The Tribunal directed the deletion of the additions made by the AO and accepted the declared results of the assessee. The appeals were pronounced in favor of the assessee on November 26, 2015. Case-Laws Income Tax Thu, 26 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329565