https://www.taxtmi.com/caselaws?id=304311 The Tribunal directed the Assessing Officer to estimate net profit at 3% on gross contract receipts net of all deductions for the assessment years 2006-07 to 2009-10, aligning with judicial precedents and the principle of adopting the view beneficial to the assessee. The revenue's appeals were partly allowed, and the assessee's cross objections were dismissed. en-us Tue, 14 Feb 2017 00:00:00 +0530 Mon, 19 Sep 2022 20:41:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304311 The Tribunal directed the Assessing Officer to estimate net profit at 3% on gross contract receipts net of all deductions for the assessment years 2006-07 to 2009-10, aligning with judicial precedents and the principle of adopting the view beneficial to the assessee. The revenue's appeals were partly allowed, and the assessee's cross objections were dismissed. Case-Laws Income Tax Tue, 14 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304311