(Per : HONOURABLE THE ACTING CHIEF JUSTICE MR.BHASKAR BHATTACHARYA) This appeal is ADMITTED on the following substantial question of law:
Whether the Tribunal below committed substantial error of law in deleting the addition of Rs.41,04,118/- on the basis of gross profit rate of 37% notwithstanding the fact that the assessee admitted that it did not maintain any day-to-day stock register and that in the previous year, the gross profit rate was 45.47%.
[BHASKAR BHATTACHARYA, ACTING C.J.] HC-NIC Page 1 of 2 Created On Fri Feb 19 02:25:24 IST 2016 TAXAP/2226/2010 2/2 ORDER mathew [J.B.PARDIWALA. J.] HC-NIC Page 2 of 2 Created On Fri Feb 19 02:25:24 IST 2016