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2017 (10) TMI 781 - AT - Income TaxN.P. determination - Held that:- In view of the order of the Coordinate Bench in assessee’s own case for the Assessment Year 2008-09, wherein the net profit was estimated at 6% before depreciation, we are of the view that the estimation made by the Ld.CIT(A) @12.5% appears to be reasonable and the Learned Counsel for the assessee also submitted that the percentage adopted by the Ld.CIT(A) at 12.5% be sustained though the addition would result in less than the 12.5% if net profit is adopted at 6%, if followed the order of the Coordinate Bench in assessee’s own case.
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