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    <title>2012 (4) TMI 699 - ITAT AHMEDABAD</title>
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    <description>The ITAT partly allowed appeals by two assessees regarding the estimation of gross profit for the assessment year 2004-05. In the first case, the ITAT accepted the book results for the pre-survey period and upheld the GP rate application for the post-survey period. In the second case, the ITAT similarly accepted the book results for the pre-survey period and applied the GP rate for the post-survey period without additional additions. The ITAT directed the AO accordingly in each case.</description>
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      <link>https://www.taxtmi.com/caselaws?id=187545</link>
      <description>The ITAT partly allowed appeals by two assessees regarding the estimation of gross profit for the assessment year 2004-05. In the first case, the ITAT accepted the book results for the pre-survey period and upheld the GP rate application for the post-survey period. In the second case, the ITAT similarly accepted the book results for the pre-survey period and applied the GP rate for the post-survey period without additional additions. The ITAT directed the AO accordingly in each case.</description>
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      <pubDate>Fri, 20 Apr 2012 00:00:00 +0530</pubDate>
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