Shivam Builders Private Limited Vs DCIT (ITAT Ahmedabad)
Case ke facts
Ek builder tha, uska books of account department ne reject kar diya kyunki records mein gadbad thi. Department ne turnover ka 10% profit maan kar estimate laga diya. Company ne iska virodh kiya.
Mudda (Issue)
Kya books of account reject kar ke 10% profit estimate lagana sahi hai?
Faisla (Held)
ITAT ne bola books reject karne ka base tha, toh profit estimation 10% pe thik hai. CBDT threshold bhi apply hoti hai jab loss undisclosed 30 lakh se zyada ho.
Practical takeaway
Agar books sahi nahi aur department books reject kare, toh apne kharche ka proper record dikhao. Nahi toh standard profit percentage laga sakta hai.
Original report: taxguru.in
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Yeh summary public report par aadhaarit general jaankari hai, legal advice nahi. Poora faisla padhne ke liye original source dekhiye. Published on cgaindia.com: 2026-09-05.