Best judgment assessment - Estimation of income - No court could ...

Court Cannot Override Assessing Authority's Judgment on Income Estimation Once Books Are Rightly Rejected.

August 3, 2017

Case Laws Income Tax HC

Best judgment assessment - Estimation of income - No court could substitute its "best judgment" for that of the assessing authority - Once the books of accounts have been rejected rightly, even though the courts may think that it is not the most appropriate basis, the assessing authority's estimate cannot be disturbed - HC

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Best judgment assessment - Estimation of income - No court could ...

Court Cannot Override Assessing Authority's Judgment on Income Estimation Once Books Are Rightly Rejected.

August 3, 2017

Case Laws Income Tax HC

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