{"id":6490,"date":"2019-08-19T09:39:51","date_gmt":"2019-08-19T09:39:51","guid":{"rendered":"http:\/\/itatonline.org\/digest\/mayur-sheet-grah-p-ltd-v-cit-2019-106-taxmann-com-129-264-taxman-18-all-hc-editorial-slp-of-the-assessee-is-dismissed-mayur-sheet-grah-p-ltd-v-cit-2019-264-taxman-17-sc\/"},"modified":"2019-08-19T09:39:51","modified_gmt":"2019-08-19T09:39:51","slug":"mayur-sheet-grah-p-ltd-v-cit-2019-106-taxmann-com-129-264-taxman-18-all-hc-editorial-slp-of-the-assessee-is-dismissed-mayur-sheet-grah-p-ltd-v-cit-2019-264-taxman-17-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/mayur-sheet-grah-p-ltd-v-cit-2019-106-taxmann-com-129-264-taxman-18-all-hc-editorial-slp-of-the-assessee-is-dismissed-mayur-sheet-grah-p-ltd-v-cit-2019-264-taxman-17-sc\/","title":{"rendered":"Mayur Sheet Grah (P.) Ltd.  v. CIT  (2019) 106 taxmann.com 129\/ 264 Taxman 18  (All.) (HC)   Editorial: SLP of the assessee is dismissed , Mayur Sheet Grah (P.) Ltd.  v. CIT  (2019)  264 Taxman 17 (SC)"},"content":{"rendered":"<p>On basis of a statement made by one member of assessee-firm, estimate was made taking net profit rate of assessee to be 20 per cent, which was after consensus reached at 15 per cent . Tribunal confirmed\u00a0 the Order of AO . High Court upheld\u00a0 the order of the Tribunal . ( AY. 2008 -09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 145 : Method of accounting-Estimating profit rate of 15% per cent which was arrived at with consensus between both parties- Addition is held to be justified.<\/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_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6490","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1GG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6490","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=6490"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6490\/revisions"}],"predecessor-version":[{"id":6491,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6490\/revisions\/6491"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}