https://www.taxtmi.com/caselaws?id=386093 The Tribunal ordered the deletion of the disallowance under section 40(a)(ia) due to lack of incriminating material and remanded the issue of income estimation to the AO, directing the application of an 8% net profit rate on gross contract receipts, excluding specific items. Both appeals were partly allowed. en-us Tue, 17 Sep 2019 00:00:00 +0530 Sat, 21 Sep 2019 09:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386093 The Tribunal ordered the deletion of the disallowance under section 40(a)(ia) due to lack of incriminating material and remanded the issue of income estimation to the AO, directing the application of an 8% net profit rate on gross contract receipts, excluding specific items. Both appeals were partly allowed. Case-Laws Income Tax Tue, 17 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386093