https://www.taxtmi.com/caselaws?id=332807 The Tribunal allowed the assessee's appeal, accepting the disclosed net profit and deleting the addition sustained by the CIT(A). The revenue's appeal was dismissed, affirming the application of an 8% NP rate with deductions for depreciation, interest, and partners' remuneration, consistent with previous judgments. en-us Fri, 08 Jul 2016 00:00:00 +0530 Tue, 27 Sep 2016 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332807 The Tribunal allowed the assessee's appeal, accepting the disclosed net profit and deleting the addition sustained by the CIT(A). The revenue's appeal was dismissed, affirming the application of an 8% NP rate with deductions for depreciation, interest, and partners' remuneration, consistent with previous judgments. Case-Laws Income Tax Fri, 08 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332807