ITAT Upholds 8% Profit Addition on Unrecorded Job Work Transactions Found in Loose Papers:

The ITAT Ahmedabad upheld the addition towards unrecorded job work transactions found at assessee’s premises
ITAT Finds CIT(A)’s 8% Profit Estimation Reasonable

Premium
ITAT Upholds 8% Profit Addition on Unrecorded Job Work Transactions Found in Loose Papers
The ITAT Ahmedabad upheld the addition towards unrecorded job work transactions found at assessee’s premises
Also Read
NIIT Limited Discloses Income Tax Department’s Appeal Before Delhi ITAT, Says No Adverse Financial Impact ExpectedITAT Quashes Reassessment as Section 148 Approval Was Obtained from PCIT Instead of Pr. CCITITAT Directs AO to Reconsider Rs 16.44 Lakh Capital Gains and Rs 25.87 Lakh Stamp Duty Value AdditionITAT Remands Rs 3.33 Crore Demonetisation Cash Deposit Case to AO, Directs Rs 10,000 Relief Fund Payment
About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
549My Recent Articles
- High Court Directs Assessee to Avail Statutory Remedies
- ITAT Quashes Reassessment as Section 148 Approval Was Obtained from PCIT Instead of Pr. CCIT
- ITAT Admits Additional Evidence Relating to Unexplained Cash Credits
- ITAT Directs CIT(A) to Condonе 315-Day Delay and Decide Income Tax Appeal on Merits
- ITAT Quashes Section 263 Revision as AO Had Examined Related-Party Payments Under Section 40A(2)(b)
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts








