High Court Rules Against High Income Estimation u/s 153A Due to Lack of Incriminating Evidence in Search. https://www.taxtmi.com/highlights?id=14517 Estimation of income - Reassessment u/s 153A pursuant to search u/s 132 or 132A - AO rejected books of account - evenue failed to point any special circumstances for estimation of such high profit particularly when during the course of search no incriminating material was found - HC en-us Mon, 16 Sep 2013 10:49:08 +0530 Mon, 16 Sep 2013 10:49:08 +0530 TaxTMI RSS Generator High Court Rules Against High Income Estimation u/s 153A Due to Lack of Incriminating Evidence in Search. https://www.taxtmi.com/highlights?id=14517 Estimation of income - Reassessment u/s 153A pursuant to search u/s 132 or 132A - AO rejected books of account - evenue failed to point any special circumstances for estimation of such high profit particularly when during the course of search no incriminating material was found - HC Highlights Income Tax Mon, 16 Sep 2013 10:49:08 +0530 https://www.taxtmi.com/highlights?id=14517