https://www.taxtmi.com/caselaws?id=346497 The Tribunal upheld the decision of the ld. CIT(A) regarding suppressed receipts and unverifiable expenses, affirming the estimation of income based on a net profit rate. The Tribunal found the approach reasonable, considering changes in business operation. The Revenue's appeal was dismissed, confirming additions for suppressed receipts and deletion of unverifiable expenses. en-us Fri, 07 Jul 2017 00:00:00 +0530 Thu, 17 Aug 2017 08:45:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346497 The Tribunal upheld the decision of the ld. CIT(A) regarding suppressed receipts and unverifiable expenses, affirming the estimation of income based on a net profit rate. The Tribunal found the approach reasonable, considering changes in business operation. The Revenue's appeal was dismissed, confirming additions for suppressed receipts and deletion of unverifiable expenses. Case-Laws Income Tax Fri, 07 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346497