Income Tax, Once Books Of Accounts Not Objected To Before Tribunal, AO Can't Disturb Gross Profit Rates Applied By Assesee: Allahabad High Court

The High Court of Judicature in India has dismissed an Income Tax Appeal filed by the Pr Commissioner Of Income Tax, Aaykar Bhawan against The Mahabir Jute Mills Ltd., Sahjanwah Gorakhpur. The case, numbered 35 of 2024, centered around Section 260-A of the Income Tax Act, 1961, pertaining to an appeal arising from the Income Tax Appellate Tribunal's order dated 16.11.2023 in Income Tax Appeal No. 217/ALLD/2017 for A.Y. 2014-15.…