https://www.taxtmi.com/caselaws?id=471323 Further relief from an estimated net-profit addition was considered after rejection of the books of account. The decline in net profit had already been partly accepted as explained by reduced handling charges, higher salary expenses and balances written off. Claimed variations relating to rent, VAT, depreciation, finance charges, interest on fixed deposits and incentives supported additional relief from the residual estimated addition. en-us Fri, 04 Apr 2025 00:00:00 +0530 Sat, 29 Aug 2026 14:35:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471323 Further relief from an estimated net-profit addition was considered after rejection of the books of account. The decline in net profit had already been partly accepted as explained by reduced handling charges, higher salary expenses and balances written off. Claimed variations relating to rent, VAT, depreciation, finance charges, interest on fixed deposits and incentives supported additional relief from the residual estimated addition. Case-Laws Income Tax Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471323