https://www.taxtmi.com/caselaws?id=60386 The Appellate Tribunal partially allowed the assessee's appeal, directing the Income Tax Officer to accept the turnover as disclosed by the assessee for the disputed years and to estimate the net profit at 15%, increasing it by 2.5% from the earlier rate, aligning with previous years' practices. This decision modified the assessment orders for the relevant years, providing relief to the assessee in the disputed tax assessment for the years in question. en-us Thu, 17 Feb 1977 00:00:00 +0530 Wed, 05 Jan 2011 11:14:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60386 The Appellate Tribunal partially allowed the assessee's appeal, directing the Income Tax Officer to accept the turnover as disclosed by the assessee for the disputed years and to estimate the net profit at 15%, increasing it by 2.5% from the earlier rate, aligning with previous years' practices. This decision modified the assessment orders for the relevant years, providing relief to the assessee in the disputed tax assessment for the years in question. Case-Laws Income Tax Thu, 17 Feb 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60386