https://www.taxtmi.com/caselaws?id=299520 The Tribunal set aside the estimation of profit at 8% and directed the Assessing Officer to estimate the profit at 3% of the total turnover, considering the historical profit ratios accepted for the assessee in previous assessments. en-us Fri, 21 Apr 2017 00:00:00 +0530 Sat, 18 Dec 2021 08:43:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299520 The Tribunal set aside the estimation of profit at 8% and directed the Assessing Officer to estimate the profit at 3% of the total turnover, considering the historical profit ratios accepted for the assessee in previous assessments. Case-Laws Income Tax Fri, 21 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299520