Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1970 (8) TMI 2 - SC - Income Tax
Best Judgment Assessment - Deemed Profit - question whether an allowance had been granted or a deduction made in respect of a trading liability had to be decided by referring to the order relating to the assessment year and it could not be determined by drawing inferences from what was done in respect of the assessment of an earlier year - assessee's appeal is allowed