https://www.taxtmi.com/caselaws?id=249685 The court upheld the validity of the assessment order and additions made by the Assessing Officer under the Income Tax Act. It found that the notice under Section 143(2) was correctly served, the best judgment assessment was justified due to the assessee's non-compliance, and additions under Section 68 were upheld for lack of supporting documents. The court also ruled that the provisions of Section 292BB were applicable, and compliance with Section 282(2)(a) was deemed satisfactory. Ultimately, the court dismissed the writ petition, emphasizing the importance of timely compliance and provision of necessary documents during assessment proceedings. en-us Thu, 03 Jul 2014 00:00:00 +0530 Thu, 19 Feb 2015 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249685 The court upheld the validity of the assessment order and additions made by the Assessing Officer under the Income Tax Act. It found that the notice under Section 143(2) was correctly served, the best judgment assessment was justified due to the assessee's non-compliance, and additions under Section 68 were upheld for lack of supporting documents. The court also ruled that the provisions of Section 292BB were applicable, and compliance with Section 282(2)(a) was deemed satisfactory. Ultimately, the court dismissed the writ petition, emphasizing the importance of timely compliance and provision of necessary documents during assessment proceedings. Case-Laws Income Tax Thu, 03 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249685