https://www.taxtmi.com/caselaws?id=339383 The tribunal allowed the appeal against the CIT(A) order for the assessment year 2009-10, remitting the trading addition issue back to the AO for a fair reassessment. The tribunal emphasized the importance of proper comparisons with similar traders and previous years' results, directing the AO to consider a trader with a lower G.P. rate. The decision highlighted the need for a thorough examination of trading results and G.P. rates to ensure fairness in assessments. en-us Fri, 20 Jan 2017 00:00:00 +0530 Sat, 25 Feb 2017 14:38:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339383 The tribunal allowed the appeal against the CIT(A) order for the assessment year 2009-10, remitting the trading addition issue back to the AO for a fair reassessment. The tribunal emphasized the importance of proper comparisons with similar traders and previous years' results, directing the AO to consider a trader with a lower G.P. rate. The decision highlighted the need for a thorough examination of trading results and G.P. rates to ensure fairness in assessments. Case-Laws Income Tax Fri, 20 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339383