https://www.taxtmi.com/caselaws?id=785165 NP rate determination concerned application of a uniform 8% NP rate by the AO across iron scrap and animal sales turnover. The CIT(A) relied on comparables showing NP rates of 0.150.23% for animal sales and noted absence of any defect in books of account, finding the AO applied the common rate without any intelligible differentia; consequently the differential NP rate for animal sales (around 0.22%) was accepted. The comparable-based correction in favour of the assessee was upheld. en-us Thu, 15 Jan 2026 00:00:00 +0530 Mon, 19 Jan 2026 07:36:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785165 NP rate determination concerned application of a uniform 8% NP rate by the AO across iron scrap and animal sales turnover. The CIT(A) relied on comparables showing NP rates of 0.150.23% for animal sales and noted absence of any defect in books of account, finding the AO applied the common rate without any intelligible differentia; consequently the differential NP rate for animal sales (around 0.22%) was accepted. The comparable-based correction in favour of the assessee was upheld. Case-Laws Income Tax Thu, 15 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785165