https://www.taxtmi.com/caselaws?id=392011 The Tribunal allowed the appeal for AY 2008-09 and partly allowed the appeal for AY 2009-10. It directed the application of a 5.24% Net Profit rate for both years and deleted the addition of Rs. 2,00,000 for AY 2009-10. The Tribunal emphasized the Rule of Consistency and the lack of evidentiary value of statements made during surveys without corroborative evidence. en-us Fri, 07 Feb 2020 00:00:00 +0530 Wed, 12 Feb 2020 07:56:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392011 The Tribunal allowed the appeal for AY 2008-09 and partly allowed the appeal for AY 2009-10. It directed the application of a 5.24% Net Profit rate for both years and deleted the addition of Rs. 2,00,000 for AY 2009-10. The Tribunal emphasized the Rule of Consistency and the lack of evidentiary value of statements made during surveys without corroborative evidence. Case-Laws Income Tax Fri, 07 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392011