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2010 (2) TMI 757 - AT - Income TaxRejection of books of account u/s 145(3). - disallowance the labour and wages charges paid by the assessee. - Upholding the addition of difference in the accounts of the assessee with Party - Addition on the basis of difference in the closing balance of creditors' account - Addition u/s 69A being the amount deposited in bank account. - Disallowance of remuneration payable to partner. Rejection of Books. Held that:- the book result is rejected, the Assessing Officer, thereafter once again cannot take recourse to the books of account so as to find out the income therefrom and make addition/disallowance. Since the income is to be assessed as per section 144, the income is to be assessed after taking into account all the relevant material to the best of the judgment. decided against Assessee.
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