https://www.taxtmi.com/caselaws?id=331608 The Tribunal allowed the assessee's appeal on the addition regarding the estimation of gross profit, dismissing the Revenue's appeal. The Tribunal upheld the CIT(A)'s decisions on accepting the opening capital balance and allowing credit for TDS, dismissing the Revenue's appeals on these issues as well. Other grounds of the Revenue's appeal were deemed general and did not require adjudication. en-us Thu, 21 Jul 2016 00:00:00 +0530 Mon, 29 Aug 2016 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331608 The Tribunal allowed the assessee's appeal on the addition regarding the estimation of gross profit, dismissing the Revenue's appeal. The Tribunal upheld the CIT(A)'s decisions on accepting the opening capital balance and allowing credit for TDS, dismissing the Revenue's appeals on these issues as well. Other grounds of the Revenue's appeal were deemed general and did not require adjudication. Case-Laws Income Tax Thu, 21 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331608