https://www.taxtmi.com/caselaws?id=338807 The ITAT upheld the CIT(A)'s decision to set aside the AO's rejection of the books of account and the estimation of the GP rate. However, the ITAT disagreed with the CIT(A)'s lump sum addition of Rs. 1 crore and deleted it. As a result, the appeal filed by the assessee was allowed, and the appeal of the revenue was dismissed. en-us Wed, 08 Feb 2017 00:00:00 +0530 Sat, 11 Feb 2017 10:47:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338807 The ITAT upheld the CIT(A)'s decision to set aside the AO's rejection of the books of account and the estimation of the GP rate. However, the ITAT disagreed with the CIT(A)'s lump sum addition of Rs. 1 crore and deleted it. As a result, the appeal filed by the assessee was allowed, and the appeal of the revenue was dismissed. Case-Laws Income Tax Wed, 08 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338807