https://www.taxtmi.com/caselaws?id=283027 The Tribunal held that the Assessing Officer cannot re-scrutinize accounts once certified by auditors and approved by shareholders. The addition of Rs. 15,35,10,501 to the book profit was deleted, and the assessee's appeal was allowed. The Tribunal emphasized the binding nature of the Supreme Court's judgment in Apollo Tyres Ltd., restricting the Assessing Officer's power to re-compute book profit beyond verifying auditor certification. en-us Fri, 30 Jul 2010 00:00:00 +0530 Wed, 04 Sep 2019 11:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283027 The Tribunal held that the Assessing Officer cannot re-scrutinize accounts once certified by auditors and approved by shareholders. The addition of Rs. 15,35,10,501 to the book profit was deleted, and the assessee's appeal was allowed. The Tribunal emphasized the binding nature of the Supreme Court's judgment in Apollo Tyres Ltd., restricting the Assessing Officer's power to re-compute book profit beyond verifying auditor certification. Case-Laws Income Tax Fri, 30 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283027