https://www.taxtmi.com/caselaws?id=394831 The ITAT allowed the Revenue's appeal, directing a re-examination of the profit and loss account post-survey for accurate income assessment. The ITAT found the CIT(A)'s deletion of the addition lacked concrete evidence and instructed a recalculated profit for the remaining period. The matter was remanded for further examination, emphasizing adherence to principles of natural justice. en-us Wed, 12 Feb 2020 00:00:00 +0530 Mon, 27 Apr 2020 08:37:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394831 The ITAT allowed the Revenue's appeal, directing a re-examination of the profit and loss account post-survey for accurate income assessment. The ITAT found the CIT(A)'s deletion of the addition lacked concrete evidence and instructed a recalculated profit for the remaining period. The matter was remanded for further examination, emphasizing adherence to principles of natural justice. Case-Laws Income Tax Wed, 12 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394831