https://www.taxtmi.com/caselaws?id=441984 The Tribunal partially allowed the Assessee's appeal by directing the Assessing Officer to adopt a net profit ratio of 9.52% instead of the earlier applied rates for the estimation of gross profit. The appeal against the rectification order under section 154 was dismissed as it was deemed unnecessary due to the main order's directive. en-us Fri, 18 Aug 2023 00:00:00 +0530 Tue, 22 Aug 2023 09:12:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441984 The Tribunal partially allowed the Assessee's appeal by directing the Assessing Officer to adopt a net profit ratio of 9.52% instead of the earlier applied rates for the estimation of gross profit. The appeal against the rectification order under section 154 was dismissed as it was deemed unnecessary due to the main order's directive. Case-Laws Income Tax Fri, 18 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441984