https://www.taxtmi.com/caselaws?id=419422 The Tribunal set aside the CIT(A)'s order and directed the A.O. to delete the addition of Rs. 4.14 Crores. The appeal by the assessee was allowed, with the Tribunal emphasizing that the variation in gross profit margin should be telescoped against the additional income surrendered by the assessee. en-us Thu, 18 Nov 2021 00:00:00 +0530 Wed, 09 Mar 2022 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419422 The Tribunal set aside the CIT(A)'s order and directed the A.O. to delete the addition of Rs. 4.14 Crores. The appeal by the assessee was allowed, with the Tribunal emphasizing that the variation in gross profit margin should be telescoped against the additional income surrendered by the assessee. Case-Laws Income Tax Thu, 18 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419422