https://www.taxtmi.com/caselaws?id=39597 The High Court dismissed the applications related to the dispute over gross profit rates for an individual assessee under the Income-tax Act, 1961. The Court held that the Tribunal's decision to increase profit rates was supported by evidence and did not lead to an enhancement of tax liability. As such, the Court concluded that no question of law arose from the Tribunal's order, leading to the dismissal of the applications with costs. en-us Mon, 22 Jan 1973 00:00:00 +0530 Mon, 19 Apr 2010 10:44:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39597 The High Court dismissed the applications related to the dispute over gross profit rates for an individual assessee under the Income-tax Act, 1961. The Court held that the Tribunal's decision to increase profit rates was supported by evidence and did not lead to an enhancement of tax liability. As such, the Court concluded that no question of law arose from the Tribunal's order, leading to the dismissal of the applications with costs. Case-Laws Income Tax Mon, 22 Jan 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39597