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2013 (9) TMI 744 - ALLAHABAD HIGH COURTBest Judgment Assessment to reach different figure than figure given by the Assessee – Held that:- The books of account of the assessee were audited. Profit and loss account, balance sheet and audit report were filed. The A.O. rejected the books of account only on the ground that bills and vouchers were not produced before him. He did not care to find out as to why the audit report cannot be believed before making additions. The Tribunal has rightly relied upon the judgment of Rajasthan High Court in CIT v. Gotan Lime Khanij Udhyog, [2001 (7) TMI 19 - RAJASTHAN High Court], in which it was held that it is not necessary that on restoring to best judgment assessment the Assessing Authority must reach a different figure of income and profit. The assessee has adequately explained the Gross Profit rate and Net Profit rate by furnishing a comparative table.
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