Held that merely because disclosure of higher gross profit in earlier years, the book result cannot be rejected. Addition is deleted. (AY.2016-17)
ACIT v. Ludhiana Beverages P. Ltd. (2024)114 ITR 81 (SN)(Amritsar)(Trib)
S. 145 : Method of accounting-Rejection of books of account-Estimation of gross profit-Disclosed higher gross profit-Addition is deleted. [S. 145(3)
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