https://www.taxtmi.com/caselaws?id=169479 Failure to comply with a notice requiring production of accounts justified an ex parte best judgment assessment under the Indian Income Tax Act, 1922, and the legality of proceeding under section 23(4) did not depend on prior adjudication of the assessee's explanation. Relief under section 27 required proof of a reasonable opportunity or sufficient cause for non-compliance; inability to attend personally was not enough where accounts could have been produced through an agent or messenger, so cancellation was refused. A best judgment assessment did not require a mandatory local inquiry or detailed record of investigations, provided the estimate was honest, fair, and not capricious. The assessment was upheld. en-us Fri, 19 Feb 1937 00:00:00 +0530 Tue, 21 Apr 2015 18:08:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169479 Failure to comply with a notice requiring production of accounts justified an ex parte best judgment assessment under the Indian Income Tax Act, 1922, and the legality of proceeding under section 23(4) did not depend on prior adjudication of the assessee's explanation. Relief under section 27 required proof of a reasonable opportunity or sufficient cause for non-compliance; inability to attend personally was not enough where accounts could have been produced through an agent or messenger, so cancellation was refused. A best judgment assessment did not require a mandatory local inquiry or detailed record of investigations, provided the estimate was honest, fair, and not capricious. The assessment was upheld. Case-Laws Income Tax Fri, 19 Feb 1937 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169479