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2017 (3) TMI 90 - GUJARAT HIGH COURTN.P. determination - Tribunal determining the net profit at 5% - Held that:- Considering the material on record, more particularly Annexure-A-7 and the order passed by the Settlement Commission, Central Excise, by which, on appreciation and/or considering the Annexure-A-7, the learned Settlement Commission has determined and/or arrived at net profit at 5% with respect to A.Ys. 2000-2001 and 2003-2004 and thereafter with respect to A.Ys. 2001-2002, 2002-2003 and 2004-2005, when the learned tribunal has determined the net profit at 5%, it cannot be said that the learned tribunal has committed any error which calls for interference of this Court. It is required to be noted that on the basis of the material on record, the learned tribunal has estimated net profit at 5%. - Decided against revenue
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