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Income Tax | ITAT Allahabad Deletes 7% Profit Addition After Rejection of Books

12 Sept 2026 · 5d agoBy CA Sandeep Kanoi

ITAT Allahabad deleted 7% profit addition, holding that estimation after rejecting books must have a reasonable basis and consider past profit history. The post ITAT Allahabad Deletes 7% Profit Addition After Rejection of Books appeared first on TaxGuru .

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