https://www.taxtmi.com/caselaws?id=311891 The Tribunal partly allowed the appeal. It deleted the addition of Rs. 2,67,428/- on account of Gross Profit on wheat, as it found no specific discrepancies in the books of account and noted that low profit alone does not justify such an addition. However, the Tribunal dismissed the appellant's contention regarding the lack of opportunity to be heard before directions under section 144A, as no specific directions affecting the assessment were issued by the Addl. CIT. en-us Wed, 18 Apr 2012 00:00:00 +0530 Tue, 23 Jan 2024 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311891 The Tribunal partly allowed the appeal. It deleted the addition of Rs. 2,67,428/- on account of Gross Profit on wheat, as it found no specific discrepancies in the books of account and noted that low profit alone does not justify such an addition. However, the Tribunal dismissed the appellant's contention regarding the lack of opportunity to be heard before directions under section 144A, as no specific directions affecting the assessment were issued by the Addl. CIT. Case-Laws Income Tax Wed, 18 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311891