https://www.taxtmi.com/caselaws?id=185418 The Tribunal allowed the appeal, emphasizing the significance of the net profit rate in determining income and disallowances. The Tribunal directed the AO to delete the disallowances and restrict the addition by applying the net profit rate. The dismissal of the appeal by CIT(A) summarily and the failure to consider each ground of appeal did not impact the final decision. en-us Thu, 13 Mar 2014 00:00:00 +0530 Fri, 12 Aug 2016 12:27:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185418 The Tribunal allowed the appeal, emphasizing the significance of the net profit rate in determining income and disallowances. The Tribunal directed the AO to delete the disallowances and restrict the addition by applying the net profit rate. The dismissal of the appeal by CIT(A) summarily and the failure to consider each ground of appeal did not impact the final decision. Case-Laws Income Tax Thu, 13 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185418