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![AO cannot apply Wrong Method to Determine Profit in the Absence of Audited Financials of AE: ITAT [Read Order] AO cannot apply Wrong Method to Determine Profit in the Absence of Audited Financials of AE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/AO-Wrong-Method-Determine-Profit-Absence-Audited-Financials-of-AE-ITAT-Taxscan.jpeg)
AO cannot apply Wrong Method to Determine Profit in the Absence of Audited Financials of AE: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the AO cannot give benefit to the assessee for non-cooperation in providing...