https://www.taxtmi.com/caselaws?id=439738 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on both issues. The estimated addition based on net profit rate rejection and the addition of an unsecured loan were deleted as the assessee provided necessary evidence and met the requirements of the Act. The ITAT found no fault in the CIT(A)'s orders, leading to the appeal's dismissal on 23rd June 2023. en-us Fri, 23 Jun 2023 00:00:00 +0530 Sat, 01 Jul 2023 08:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439738 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on both issues. The estimated addition based on net profit rate rejection and the addition of an unsecured loan were deleted as the assessee provided necessary evidence and met the requirements of the Act. The ITAT found no fault in the CIT(A)'s orders, leading to the appeal's dismissal on 23rd June 2023. Case-Laws Income Tax Fri, 23 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439738