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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Best Judgement assessment - The AO while making the best ...


Assessing Officer Must Consider Taxpayer's Historical Data in Best Judgment Assessment to Ensure Fair Evaluation.

December 5, 2012

Case Laws     Income Tax     AT

Best Judgement assessment - The AO while making the best judgment is not entitled to ignore the assessee’s own history as what better comparison then ones own past. - AT

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