https://www.taxtmi.com/caselaws?id=352594 The High Court upheld the decision of the Tribunal in favor of the assessee, dismissing the appeal brought by the Department. The Court agreed with the Tribunal's findings on the rejection of books of account, estimation of gross profit, treatment of interest income, and application of tax provisions. The judgment emphasized the significance of maintaining accurate records and correctly applying statutory provisions in determining taxable income. en-us Thu, 14 Sep 2017 00:00:00 +0530 Mon, 18 Dec 2017 08:40:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352594 The High Court upheld the decision of the Tribunal in favor of the assessee, dismissing the appeal brought by the Department. The Court agreed with the Tribunal's findings on the rejection of books of account, estimation of gross profit, treatment of interest income, and application of tax provisions. The judgment emphasized the significance of maintaining accurate records and correctly applying statutory provisions in determining taxable income. Case-Laws Income Tax Thu, 14 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352594