https://www.taxtmi.com/caselaws?id=437470 The Tribunal ruled in favor of the assessee, allowing their appeals for the assessment years 2017-18, 2018-19, and 2019-20. The Tribunal directed the deletion of additions made by the Assessing Officer, as it found issues with the jurisdiction, validity of additions based on incriminating material, adoption of uniform rate for turnover estimation, estimation of net profit on unaccounted turnover, and rejection of books of accounts. The Revenue's cross-appeals were dismissed due to lack of justification for higher profit estimation and rejection of books of accounts. en-us Thu, 04 May 2023 00:00:00 +0530 Sat, 06 May 2023 10:10:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437470 The Tribunal ruled in favor of the assessee, allowing their appeals for the assessment years 2017-18, 2018-19, and 2019-20. The Tribunal directed the deletion of additions made by the Assessing Officer, as it found issues with the jurisdiction, validity of additions based on incriminating material, adoption of uniform rate for turnover estimation, estimation of net profit on unaccounted turnover, and rejection of books of accounts. The Revenue's cross-appeals were dismissed due to lack of justification for higher profit estimation and rejection of books of accounts. Case-Laws Income Tax Thu, 04 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437470