The Ahmedabad bench of ITAT has held that the AO cannot make any addition

The Ahmedabad bench of ITAT has held that the AO cannot make any addition

The Ahmedabad bench of ITAT has held that the AO cannot make any addition on the ground that there is a downfall in the gross profit ratio declared by the assessee in the year under consideration in comparison to the earlier years without pointing out any defect in the amount of purchases, sales stock shown in the books of accounts. (ITA No. 126/Ahd/2022)



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