Real Estate Income Estimation Must Reflect Accurate Evidence, Not Speculative Factors, to Ensure Fair Assessments.

Real Estate Income Estimation Must Reflect Accurate Evidence, Not Speculative Factors, to Ensure Fair Assessments. https://www.taxtmi.com/highlights?id=24856 Estimation of sales consideration - unaccounted business in the real estate activity - when the material brought on record suggests the correct state of affairs of the assessee, it is not appropriate to estimate the income of the assessee on the basis of irrelevant consideration. - AT en-us Tue, 22 Sep 2015 11:03:37 +0530 Tue, 22 Sep 2015 11:03:37 +0530 TaxTMI RSS Generator Real Estate Income Estimation Must Reflect Accurate Evidence, Not Speculative Factors, to Ensure Fair Assessments. https://www.taxtmi.com/highlights?id=24856 Estimation of sales consideration - unaccounted business in the real estate activity - when the material brought on record suggests the correct state of affairs of the assessee, it is not appropriate to estimate the income of the assessee on the basis of irrelevant consideration. - AT Highlights Income Tax Tue, 22 Sep 2015 11:03:37 +0530 https://www.taxtmi.com/highlights?id=24856