{"id":61217,"date":"2026-06-25T11:03:52","date_gmt":"2026-06-25T05:33:52","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-anant-commodities-p-ltd-2025-214-itd-68-indore-trib\/"},"modified":"2026-06-25T11:03:52","modified_gmt":"2026-06-25T05:33:52","slug":"acit-v-anant-commodities-p-ltd-2025-214-itd-68-indore-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-anant-commodities-p-ltd-2025-214-itd-68-indore-trib\/","title":{"rendered":"ACIT v. Anant Commodities (P.) Ltd. (2025) 214 ITD 68 (Indore) (Trib.)"},"content":{"rendered":"<p>Held that mere decline in gross profit margin in the relevant year compared to preceding assessment years cannot by itself justify addition to assessee\u2019s income unless Assessing Officer identifies specific defects or discrepancies in books of account maintained by assessee. Appeal of revenue dismissed. \u00a0(AY. 2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 145: Method of accounting-Estimation of profit-Decline in gross profit margin-No specific defects or discrepancies in books of account-Appeal of revenue dismissed. <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-61217","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fVn","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=61217"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61217\/revisions"}],"predecessor-version":[{"id":61218,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/61217\/revisions\/61218"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=61217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=61217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=61217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}