https://www.taxtmi.com/caselaws?id=388552 The Tribunal upheld the CIT(A)'s decision to delete additions made by the AO based on arbitrary estimations without specific evidence. The CIT(A) applied a reasonable GPR and found no specific defects in the books of account. The appeal of the Department was dismissed, and the additions were deleted, with the CIT(A) directing to apply a GPR of 7.5% on total turnover. en-us Fri, 08 Nov 2019 00:00:00 +0530 Mon, 18 Nov 2019 09:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388552 The Tribunal upheld the CIT(A)'s decision to delete additions made by the AO based on arbitrary estimations without specific evidence. The CIT(A) applied a reasonable GPR and found no specific defects in the books of account. The appeal of the Department was dismissed, and the additions were deleted, with the CIT(A) directing to apply a GPR of 7.5% on total turnover. Case-Laws Income Tax Fri, 08 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388552