Estimation of net profits - AO without comparing earlier year ...

CIT(A) Deletes 6% Net Profit Rate Addition by AO Due to Lack of Comparison or Justification in Income Assessment.

July 1, 2016

Case Laws Income Tax AT

Estimation of net profits - AO without comparing earlier year results of the assessee applied 6% net profit rate without any basis and therefore, action of learned CIT(A) in deleting such addition is justified. - AT

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Estimation of net profits - AO without comparing earlier year ...

CIT(A) Deletes 6% Net Profit Rate Addition by AO Due to Lack of Comparison or Justification in Income Assessment.

July 1, 2016

Case Laws Income Tax AT

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