Dismissing the appeal of the revenue the Court held that the Tribunal is justified in deleting the addition made in respect of undervaluation of sales and estimation of gross profit by virtue of the judgement of the CEASTAT. ( AY. 2007 -08)
PCIT v. Zirconia Cera Tech Glazes. (2019) 103 taxmann.com 357 / 262 Taxman 201 (Guj.) (HC) Editorial: SLP of revenue is dismissed; PCIT v. Zirconia Cera Tech Glazes. (2019) 262 Taxman 200 (SC)
S. 145 : Method of accounting–Undervaluation of sales and estimation of gross profit–Deletion of addition is held to be justified.