https://www.taxtmi.com/caselaws?id=469940 Income from cash sales of mobile recharge coupons was assessed on an estimated net profit basis because the business involved substantial cash receipts and turnover estimation. The Tribunal treated the assessee's suggested rate as reasonable in light of the nature of the trade and directed estimation of income at 3% net profit, granting partial relief. en-us Wed, 12 Mar 2025 00:00:00 +0530 Thu, 09 Jul 2026 20:20:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469940 Income from cash sales of mobile recharge coupons was assessed on an estimated net profit basis because the business involved substantial cash receipts and turnover estimation. The Tribunal treated the assessee's suggested rate as reasonable in light of the nature of the trade and directed estimation of income at 3% net profit, granting partial relief. Case-Laws Income Tax Wed, 12 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469940