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2005 (1) TMI 592 - ITAT MUMBAI
Extract:
....... net profit disclosed at 7.5 by the assessee is quite reasonable. We entirely agree with the findings given by the Learned CIT(A) and keeping in view the discussion in the foregoing paragraphs and the law in this issue we confirm the findings of Learned CIT(A). 43. In the result, the revenue rsquo s appeal and the C.O. rsquo s appeal are dismissed.