https://www.taxtmi.com/caselaws?id=418264 The ITAT upheld the CIT(A)'s decision to reject the books of accounts under Section 145(3) and delete the addition of Rs. 2,23,42,465. The ITAT also directed to delete the disallowance of various expenses and restricted the addition by applying the GP rate to Rs. 10,00,000. The Revenue's appeal was dismissed, and the assessee's cross-objection was partly allowed. en-us Mon, 10 Jan 2022 00:00:00 +0530 Thu, 05 May 2022 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418264 The ITAT upheld the CIT(A)'s decision to reject the books of accounts under Section 145(3) and delete the addition of Rs. 2,23,42,465. The ITAT also directed to delete the disallowance of various expenses and restricted the addition by applying the GP rate to Rs. 10,00,000. The Revenue's appeal was dismissed, and the assessee's cross-objection was partly allowed. Case-Laws Income Tax Mon, 10 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418264