https://www.taxtmi.com/caselaws?id=266750 In a best judgment assessment under section 144, section 184(5) bars deduction of interest, salary, bonus, commission or other remuneration paid to partners, so the partner-related deduction was disallowed. On the separate issue of cash deposits and sundry creditors, the record did not show adequate examination of the material, and the deletion of the section 68 addition was set aside. The matter was restored for fresh verification, reflecting that rejection of books or estimation of income does not prevent separate scrutiny of unexplained cash credits and creditors. en-us Wed, 09 Sep 2015 00:00:00 +0530 Fri, 23 Oct 2015 11:10:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266750 In a best judgment assessment under section 144, section 184(5) bars deduction of interest, salary, bonus, commission or other remuneration paid to partners, so the partner-related deduction was disallowed. On the separate issue of cash deposits and sundry creditors, the record did not show adequate examination of the material, and the deletion of the section 68 addition was set aside. The matter was restored for fresh verification, reflecting that rejection of books or estimation of income does not prevent separate scrutiny of unexplained cash credits and creditors. Case-Laws Income Tax Wed, 09 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266750