Appellate authorities should avoid altering best judgment income estimates unless there are clear, compelling reasons.

Appellate authorities should avoid altering best judgment income estimates unless there are clear, compelling reasons. https://www.taxtmi.com/highlights?id=29137 Estimation of income based on best judgment assessment due to rejection of books of accounts, should not be ordinarily interfered by appellate authorities, unless there are demonstratively cogent reasons to do so. - AT en-us Tue, 10 May 2016 11:31:46 +0530 Tue, 10 May 2016 11:31:46 +0530 TaxTMI RSS Generator Appellate authorities should avoid altering best judgment income estimates unless there are clear, compelling reasons. https://www.taxtmi.com/highlights?id=29137 Estimation of income based on best judgment assessment due to rejection of books of accounts, should not be ordinarily interfered by appellate authorities, unless there are demonstratively cogent reasons to do so. - AT Highlights Income Tax Tue, 10 May 2016 11:31:46 +0530 https://www.taxtmi.com/highlights?id=29137