https://www.taxtmi.com/caselaws?id=17267 The High Court ruled in favor of the assessee regarding the inclusion of the value of materials supplied by Hindustan Copper Ltd. and Instrumentation Ltd. for calculating the gross profit rate. However, the Court sided with the Revenue in holding that no allowance should be given for security deposits deducted from the running bills of the assessee while estimating income. Costs were not awarded in this case. en-us Thu, 25 Apr 1996 00:00:00 +0530 Mon, 21 Sep 2009 12:31:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17267 The High Court ruled in favor of the assessee regarding the inclusion of the value of materials supplied by Hindustan Copper Ltd. and Instrumentation Ltd. for calculating the gross profit rate. However, the Court sided with the Revenue in holding that no allowance should be given for security deposits deducted from the running bills of the assessee while estimating income. Costs were not awarded in this case. Case-Laws Income Tax Thu, 25 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17267