https://www.taxtmi.com/caselaws?id=333685 The Tribunal set aside the rejection of the assessee's books of accounts and the estimation of gross profit for fresh assessment. The revenue's appeal was dismissed, affirming the deletion of the addition for late ESI contribution. The Tribunal stressed the importance of thorough verification and objective examination of records before rejecting accounts and making profit estimations. en-us Fri, 26 Aug 2016 00:00:00 +0530 Fri, 21 Oct 2016 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333685 The Tribunal set aside the rejection of the assessee's books of accounts and the estimation of gross profit for fresh assessment. The revenue's appeal was dismissed, affirming the deletion of the addition for late ESI contribution. The Tribunal stressed the importance of thorough verification and objective examination of records before rejecting accounts and making profit estimations. Case-Laws Income Tax Fri, 26 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333685