https://www.taxtmi.com/caselaws?id=234278 The High Court affirmed the decision of the ITAT, Indore, in a tax dispute where the applicability of Section 44AD of the Income Tax Act was contested. The Court emphasized the necessity of complying with accounting and auditing requirements, ultimately dismissing the appeal due to lack of evidence linking excess amounts collected by a third party to the assessee. The case underscored the significance of accurate financial record-keeping and the burden of proof in tax matters. en-us Tue, 30 Apr 2013 00:00:00 +0530 Fri, 25 Oct 2013 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234278 The High Court affirmed the decision of the ITAT, Indore, in a tax dispute where the applicability of Section 44AD of the Income Tax Act was contested. The Court emphasized the necessity of complying with accounting and auditing requirements, ultimately dismissing the appeal due to lack of evidence linking excess amounts collected by a third party to the assessee. The case underscored the significance of accurate financial record-keeping and the burden of proof in tax matters. Case-Laws Income Tax Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234278