Addition U/s 68 Should Be Restricted To Extent Of Gross Prof

While deleting the addition made u/s 68 of the Income Tax Act, the Mumbai ITAT held that in the absence of any dispute and discrepancy in the sales, the addition should be restricted to the extent...

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Bombay , Maharashtra , India , Vimal Punmiya , Bombay High Court , , Rahul Chaudhary , Judicial Member , Prashant Maharishi , Accountant Member , Haji Adam , Mumbai Itat , Eleting The Addition , S 68 Of The Income Tax Act , Sales , Gross Profit , Assessee ,