Best adjustment assessment - estimation of income - in a best ...
Best Judgment Income Assessments Must Be Reasonable and Evidence-Based, Avoiding Arbitrary Guesswork.
September 14, 2018
Case Laws Income Tax AT
Best adjustment assessment - estimation of income - in a best judgment, even if, there is an element of guess work, it should not be a wild one, but shall have reasonable nexus to the available material and circumstances of each assessee.
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