Ito Ward-7(2), Jaipur, Ward-7(2), ... vs M/S. Silvex & Company G-1/35 To 37, 47, 48 ... on 28 October, 2022
Singhal Builders Contractor v. Addl. CIT [2011] 12 Taxman.com 199 (Jp.
ITAT)
Where Assessing Officer after rejecting assessee's books of account, applies
gross profit rate or net profit rate, no further disallowance can be made under
section 40A(3) - [Section 145, Read with section 40A(3), of the Income-Tax
Act, 1961 - Method of accountings - estimation of income] [Assessment year
2005-06] [In favour of assessee).