https://www.taxtmi.com/caselaws?id=405260 The Tribunal allowed the assessee's appeal, accepting the declared loss over the assessed net profit. It dismissed the Revenue's appeal, emphasizing that the books of accounts were correctly maintained and rejecting the unjustified net profit estimations by the Assessing Officer and CIT(A). The Tribunal's decision was rendered on 10.03.2021. en-us Wed, 10 Mar 2021 00:00:00 +0530 Mon, 15 Mar 2021 20:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405260 The Tribunal allowed the assessee's appeal, accepting the declared loss over the assessed net profit. It dismissed the Revenue's appeal, emphasizing that the books of accounts were correctly maintained and rejecting the unjustified net profit estimations by the Assessing Officer and CIT(A). The Tribunal's decision was rendered on 10.03.2021. Case-Laws Income Tax Wed, 10 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405260