2019 (11) TMI 1063

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....nocha, Advocates. Respondent: None ORDER C.M. No. 49114/2019 Exemption allowed, subject to all just exceptions. The application stands disposed of. ITA 951/2019 The Revenue has preferred the present appeal to assail the order dated 25.06.2019 passed by the Income Tax Appellate Tribunal, Delhi Bench "D": New Delhi in ITA No. 5214/Del/2015 in respect of the respondent assessee in r....

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....ss profit in respect of other similar entities, which was in the range of 6%. The assessee offered its explanation to the Assessing Officer, which was not accepted. The Assessing Officer, consequently, recalculated the gross profit @ 6%, and on that basis, made addition in the taxable income of the assessee. The CIT (Appeals) allowed the appeal preferred by the assessee. The Tribunal has reject....