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![ITAT deletes Addition as AO estimated Profit of Assessee without any basis [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/ITAT-Taxscan.jpg "ITAT deletes Addition as AO estimated Profit of Assessee without any basis [Read Order]")
ITAT deletes Addition as AO estimated Profit of Assessee without any basis [Read Order]
In the case of Aristo Industries vs. ITO, Kolkata bench of Income Tax Appellate Tribunal ( ITAT ) recently held that addition cannot be made since the...