https://www.taxtmi.com/caselaws?id=410749 The Tribunal partly allowed the appeal by directing the AO to estimate the gross profit at 15% instead of 18%. It upheld the rejection of books of account and disallowances related to TDS and purchase of bricks. The Tribunal dismissed arguments regarding breach of Principles of Natural Justice, levy of interest, and initiation of penalty proceedings. en-us Fri, 16 Jul 2021 00:00:00 +0530 Mon, 09 Aug 2021 08:53:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410749 The Tribunal partly allowed the appeal by directing the AO to estimate the gross profit at 15% instead of 18%. It upheld the rejection of books of account and disallowances related to TDS and purchase of bricks. The Tribunal dismissed arguments regarding breach of Principles of Natural Justice, levy of interest, and initiation of penalty proceedings. Case-Laws Income Tax Fri, 16 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410749