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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.

Income Tax
October 11, 2017

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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