https://www.taxtmi.com/highlights?id=33059 Considering the nature of asessee’s business, the G.P rate of 10% is quite acceptable. Since the declared profit of 11.67% was more than the rate of 10%, the CIT(A) has rightly chosen to delete the entire addition. - AT en-us Mon, 30 Jan 2017 06:41:19 +0530 Mon, 30 Jan 2017 06:41:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33059 Considering the nature of asessee’s business, the G.P rate of 10% is quite acceptable. Since the declared profit of 11.67% was more than the rate of 10%, the CIT(A) has rightly chosen to delete the entire addition. - AT Highlights Income Tax Mon, 30 Jan 2017 06:41:19 +0530 https://www.taxtmi.com/highlights?id=33059