https://www.taxtmi.com/caselaws?id=342425 The Tribunal partly allowed the appeal, sustaining a reduced addition to the assessee's income based on the estimated gross profit rate, balancing the need for accurate assessment with considerations of fairness and justice. The Tribunal upheld the invocation of Section 145(3) due to deficiencies in accounts but reduced the addition to Rs. 2,00,000 to maintain equity and justice. en-us Thu, 20 Apr 2017 00:00:00 +0530 Thu, 04 May 2017 07:06:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342425 The Tribunal partly allowed the appeal, sustaining a reduced addition to the assessee's income based on the estimated gross profit rate, balancing the need for accurate assessment with considerations of fairness and justice. The Tribunal upheld the invocation of Section 145(3) due to deficiencies in accounts but reduced the addition to Rs. 2,00,000 to maintain equity and justice. Case-Laws Income Tax Thu, 20 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342425