https://www.taxtmi.com/caselaws?id=409287 The appeal was partly allowed by the ITAT Jaipur, with the Tribunal directing the deletion of additions related to the rejection of books of accounts and disallowance of expenses. The Tribunal found the declared GP rate of 1.52% justifiable, leading to the deletion of an addition of Rs. 3,14,300. The disallowance of expenses amounting to Rs. 2,23,840 was also deemed unjustified and directed to be deleted. The Tribunal did not provide detailed analysis on the issue of charging interest under sections 234B, 234C, and 234D. en-us Fri, 30 Apr 2021 00:00:00 +0530 Mon, 05 Jul 2021 08:25:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409287 The appeal was partly allowed by the ITAT Jaipur, with the Tribunal directing the deletion of additions related to the rejection of books of accounts and disallowance of expenses. The Tribunal found the declared GP rate of 1.52% justifiable, leading to the deletion of an addition of Rs. 3,14,300. The disallowance of expenses amounting to Rs. 2,23,840 was also deemed unjustified and directed to be deleted. The Tribunal did not provide detailed analysis on the issue of charging interest under sections 234B, 234C, and 234D. Case-Laws Income Tax Fri, 30 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409287