https://www.taxtmi.com/caselaws?id=401316 The tribunal directed the Assessing Officer to assess the net income of the assessee at 1.90% of the total turnover, resulting in a total of Rs. 29,70,532, and added a sum of Rs. 30,91,133 under Section 43B disallowance, totaling Rs. 60,61,665. The tribunal partly allowed the appeal of the assessee, reducing the disallowances made by the AO and CIT(A) in various expense categories. en-us Wed, 02 Dec 2020 00:00:00 +0530 Fri, 04 Dec 2020 08:04:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401316 The tribunal directed the Assessing Officer to assess the net income of the assessee at 1.90% of the total turnover, resulting in a total of Rs. 29,70,532, and added a sum of Rs. 30,91,133 under Section 43B disallowance, totaling Rs. 60,61,665. The tribunal partly allowed the appeal of the assessee, reducing the disallowances made by the AO and CIT(A) in various expense categories. Case-Laws Income Tax Wed, 02 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401316