The best judgment is not a provision to penalize the assessee ...

Case Laws Income Tax

April 7, 2017

The best judgment is not a provision to penalize the assessee and resort to wild estimate but it is a machinery provision which is to be based on assessing the correct income and that too based on material and evidence having live link nexus with the income which is to be assessed - AT

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The best judgment is not a provision to penalize the assessee ...

Case Laws Income Tax

April 7, 2017

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