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Income Tax | ITAT Jabalpur Directs Historical Net-Profit Average for Fresh Assessment

8 Oct 2026 · 6d agoBy CA Vijayakumar ShettySource: TaxGuru

ITAT Jabalpur upholds rejection of books but rejects arbitrary profit rates and remands ₹32.50 lakh creditor addition for verification. The post ITAT Jabalpur Directs Historical Net-Profit Average for Fresh Assessment appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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