SHRI KIRTIMAN SINGH,RANCHI vs. DCIT, RANCHI
In the result, grounds of appeal raised by the assessee are partly allowed
ITA 122/RAN/2016[2010-11]Status: DisposedITAT Ranchi30 May 2025AY 2010-11
Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay(Hybrid Hearing) Shri Kirtiman Singh, D.C.I.T., 357/A, Professor Colony, Karam Toli, Circle-2, Vs. Behind Abhilasha Building, Morabadi, Ranchi. Ranchi-834001. Pan No. Awmps 5592 F Appellant/ Assessee Respondent/ Revenue
Section 131Section 133ASection 145(3)
1. For that ld. AO made an estimate of profit at 10% which was reduced to 8% by ld. CIT(A). The turnover of Rs.2,00,97,709/- was accepted. The appellant has maintained audited books of accounts which was verifiable in past, the book result disclosed was accepted. Ld. AO was, therefore, not justified in making an estimate
