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Addition on estimated basis without rejection of books is unsustainable

POONAM GANDHI 22 Jul 2022 3,903 Views 0 comment Print Income Tax | Judiciary

Case Law Details

Case Name : Samir Kishor Parekh Vs ACIT (ITAT Ahmedabad)

Appeal Number : ITA Nos. 265 & 266/Ahd/2020

Date of Judgement/Order : 22/06/2022

Related Assessment Year : 2008-09 & 2010-11

Courts : All ITAT ITAT Ahmedabad

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Samir Kishor Parekh Vs ACIT (ITAT Ahmedabad)

Held that addition made on estimated basis, without rejecting books of accounts of the assessee, is unsustainable in law

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Author Bio

Name: POONAM GANDHI

Qualification: CA in Practice

Company: N/A

Location: AHMEDABAD, Gujarat, India

Member Since: 14 Feb 2019 | Total Posts: 5599

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