https://www.taxtmi.com/caselaws?id=444142 The Tribunal partially allowed the appeal, adjusting the net profit estimation based on audited financial statements, resulting in the deletion of a substantial addition made by the assessing officer. The interest income, already factored into the revised net profit rate, was accounted for, leading to the allowance of that ground in the assessee's appeal. Other grounds were considered general and consequential, not necessitating further adjudication. en-us Mon, 19 Jun 2023 00:00:00 +0530 Tue, 10 Oct 2023 08:30:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444142 The Tribunal partially allowed the appeal, adjusting the net profit estimation based on audited financial statements, resulting in the deletion of a substantial addition made by the assessing officer. The interest income, already factored into the revised net profit rate, was accounted for, leading to the allowance of that ground in the assessee's appeal. Other grounds were considered general and consequential, not necessitating further adjudication. Case-Laws Income Tax Mon, 19 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444142