https://www.taxtmi.com/caselaws?id=371909 The Tribunal partially allowed the appeals by overturning the rejection of the books of account under Section 145(3) of the Income Tax Act. The Tribunal deemed the application of the Net Profit rate moot following this decision. The issue of freight charges was remanded back to the Assessing Officer for limited re-examination, emphasizing the necessity for specific verification rather than a blanket disallowance. The order was pronounced on 17/09/2018. en-us Mon, 17 Sep 2018 00:00:00 +0530 Thu, 13 Dec 2018 18:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371909 The Tribunal partially allowed the appeals by overturning the rejection of the books of account under Section 145(3) of the Income Tax Act. The Tribunal deemed the application of the Net Profit rate moot following this decision. The issue of freight charges was remanded back to the Assessing Officer for limited re-examination, emphasizing the necessity for specific verification rather than a blanket disallowance. The order was pronounced on 17/09/2018. Case-Laws Income Tax Mon, 17 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371909