Estimation of income @ 25% - ITAT deleted the addition - We are ...

High Court and ITAT Overturn AO's Unsupported 25% Profit Estimate, Citing Lack of Evidence and Credible Material.

September 7, 2020

Case Laws Income Tax HC

Estimation of income @ 25% - ITAT deleted the addition - We are at one with the Tribunal in taking the view that the AO wrongly determined the profit at the rate of 25%, without any basis or credible material. - HC

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Estimation of income @ 25% - ITAT deleted the addition - We are ...

High Court and ITAT Overturn AO's Unsupported 25% Profit Estimate, Citing Lack of Evidence and Credible Material.

September 7, 2020

Case Laws Income Tax HC

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