https://www.taxtmi.com/caselaws?id=395560 The tribunal concluded that the method proposed by the Ld. CIT(A) was not applicable to the present case. The tribunal directed the AO to estimate the profit of the assessee based on the revised estimation of profit per Sq. ft. Accordingly, the enhancement proposed by the Ld. CIT(A) was reduced to Rs. 55,64,424/-. The grounds raised by the assessee were allowed, and the appeal filed by the assessee was allowed. en-us Wed, 19 Feb 2020 00:00:00 +0530 Thu, 28 May 2020 11:27:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395560 The tribunal concluded that the method proposed by the Ld. CIT(A) was not applicable to the present case. The tribunal directed the AO to estimate the profit of the assessee based on the revised estimation of profit per Sq. ft. Accordingly, the enhancement proposed by the Ld. CIT(A) was reduced to Rs. 55,64,424/-. The grounds raised by the assessee were allowed, and the appeal filed by the assessee was allowed. Case-Laws Income Tax Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395560