https://www.taxtmi.com/caselaws?id=67053 Where accounts are treated as unreliable, any addition to trading results must rest on proper enquiry and a rational basis. A bare lump-sum estimate, made without ascertaining the exact nature or extent of alleged suppression of profits and without concrete findings to support the estimate, cannot be sustained. The ad hoc addition to the trading results was therefore deleted, and relief was granted to the assessee. en-us Wed, 13 Jul 1983 00:00:00 +0530 Tue, 08 Mar 2011 18:28:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67053 Where accounts are treated as unreliable, any addition to trading results must rest on proper enquiry and a rational basis. A bare lump-sum estimate, made without ascertaining the exact nature or extent of alleged suppression of profits and without concrete findings to support the estimate, cannot be sustained. The ad hoc addition to the trading results was therefore deleted, and relief was granted to the assessee. Case-Laws Income Tax Wed, 13 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67053