https://www.taxtmi.com/caselaws?id=167919 An estimated addition made after rejection of books of account could not be enhanced by the Tribunal without independent reasons or fresh material. Where the assessing authority and the first appellate authority had already adopted and then reduced the estimate on recorded reasoning, the Tribunal was required to apply its own factual and legal basis before increasing the tax burden. Mere repetition of the assessing authority's approach was insufficient. The Tribunal's enhancement was therefore set aside, and the first appellate authority's order was sustained, granting relief to the assessee against the enhanced addition. en-us Mon, 07 May 2012 00:00:00 +0530 Wed, 07 Jan 2015 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167919 An estimated addition made after rejection of books of account could not be enhanced by the Tribunal without independent reasons or fresh material. Where the assessing authority and the first appellate authority had already adopted and then reduced the estimate on recorded reasoning, the Tribunal was required to apply its own factual and legal basis before increasing the tax burden. Mere repetition of the assessing authority's approach was insufficient. The Tribunal's enhancement was therefore set aside, and the first appellate authority's order was sustained, granting relief to the assessee against the enhanced addition. Case-Laws VAT and Sales Tax Mon, 07 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167919