Best judgment assessment - rejection of books of accounts - ...

Assessing Officer Can Use Broad Discretion u/s 144 for Income Assessment Beyond Profitability Metrics.

October 11, 2017

Case Laws Income Tax AT

Best judgment assessment - rejection of books of accounts - There is no restricting words in Section 144 restricting the AO to only assess profitability after rejecting books of accounts to compute income of the assessee.

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Best judgment assessment - rejection of books of accounts - ...

Assessing Officer Can Use Broad Discretion u/s 144 for Income Assessment Beyond Profitability Metrics.

October 11, 2017

Case Laws Income Tax AT

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