https://www.taxtmi.com/caselaws?id=384278 The Tribunal dismissed the appeal challenging the addition made by the Assessing Officer, ruling in favor of the engineering company. The Tribunal found no deliberate manipulation of accounts to suppress profits, accepted explanations for pricing differences, and emphasized the importance of considering all relevant factors in assessing profit margins. It concluded that no legal question arose, leading to the deletion of the addition and highlighting the need for evidence-based decisions in such cases. en-us Mon, 05 Aug 2019 00:00:00 +0530 Fri, 09 Aug 2019 07:22:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384278 The Tribunal dismissed the appeal challenging the addition made by the Assessing Officer, ruling in favor of the engineering company. The Tribunal found no deliberate manipulation of accounts to suppress profits, accepted explanations for pricing differences, and emphasized the importance of considering all relevant factors in assessing profit margins. It concluded that no legal question arose, leading to the deletion of the addition and highlighting the need for evidence-based decisions in such cases. Case-Laws Income Tax Mon, 05 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384278