https://www.taxtmi.com/caselaws?id=17366 HC upheld the Tribunal's finding that disallowance under section 40A(3) was not warranted where rule 6DD(j) applies and no purchase deduction was claimed; applying the gross profit rate adequately accounted for costs, obviating AO's scrutiny of purchase particulars. No contrary law was shown by counsel. The HC agreed with the primary Tribunal conclusion and declined to examine the Tribunal's alternative reasoning, effectively sustaining the assessment without the 40A(3) disallowance. en-us Wed, 28 May 1997 00:00:00 +0530 Mon, 13 Oct 2025 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17366 HC upheld the Tribunal's finding that disallowance under section 40A(3) was not warranted where rule 6DD(j) applies and no purchase deduction was claimed; applying the gross profit rate adequately accounted for costs, obviating AO's scrutiny of purchase particulars. No contrary law was shown by counsel. The HC agreed with the primary Tribunal conclusion and declined to examine the Tribunal's alternative reasoning, effectively sustaining the assessment without the 40A(3) disallowance. Case-Laws Income Tax Wed, 28 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17366