https://www.taxtmi.com/caselaws?id=278050 The Tribunal ruled in favor of the appellant, directing the Assessing officer to reevaluate the accounts and income computation due to unjustified rejection of books of account. The Tribunal also instructed reassessment of the net profit rate, disallowance of deductions, treatment of interest income, and overall correct assessment of income. The appellant's appeal was allowed, emphasizing the need for a fair and accurate assessment by the Assessing officer. en-us Tue, 10 Apr 2018 00:00:00 +0530 Sun, 06 Jan 2019 06:12:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278050 The Tribunal ruled in favor of the appellant, directing the Assessing officer to reevaluate the accounts and income computation due to unjustified rejection of books of account. The Tribunal also instructed reassessment of the net profit rate, disallowance of deductions, treatment of interest income, and overall correct assessment of income. The appellant's appeal was allowed, emphasizing the need for a fair and accurate assessment by the Assessing officer. Case-Laws Income Tax Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278050