https://www.taxtmi.com/caselaws?id=390835 The Tribunal partially allowed the appeal, reducing the net profit rate to 6.5% on the entire turnover for the relevant assessment year. This decision addressed concerns regarding the proper opportunity provided before the Assessing Officer, determination of turnover and profit percentage, and the charging of interest under sections 234A and 234B of the Income Tax Act. en-us Fri, 06 Dec 2019 00:00:00 +0530 Sat, 11 Jan 2020 19:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390835 The Tribunal partially allowed the appeal, reducing the net profit rate to 6.5% on the entire turnover for the relevant assessment year. This decision addressed concerns regarding the proper opportunity provided before the Assessing Officer, determination of turnover and profit percentage, and the charging of interest under sections 234A and 234B of the Income Tax Act. Case-Laws Income Tax Fri, 06 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390835