https://www.taxtmi.com/caselaws?id=166287 The court held that an Income-tax Officer can reject an assessee's accounts if found unreliable, even without reference to the method of accounting. The Officer can ignore false evidence and make assessments under Section 13, disclosing the material used for estimates. Private sources can be used, but their gist must be communicated. Findings based on circumstantial and private inquiries are valid if supported by admissible evidence. The High Court can frame questions at the mandamus stage, amending them as needed. Assumptions made by the High Court are not binding, and the real state of affairs should guide question formulation. en-us Mon, 10 Apr 1944 00:00:00 +0630 Tue, 16 Sep 2014 17:33:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166287 The court held that an Income-tax Officer can reject an assessee's accounts if found unreliable, even without reference to the method of accounting. The Officer can ignore false evidence and make assessments under Section 13, disclosing the material used for estimates. Private sources can be used, but their gist must be communicated. Findings based on circumstantial and private inquiries are valid if supported by admissible evidence. The High Court can frame questions at the mandamus stage, amending them as needed. Assumptions made by the High Court are not binding, and the real state of affairs should guide question formulation. Case-Laws Income Tax Mon, 10 Apr 1944 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=166287