https://www.taxtmi.com/highlights?id=35697 Best judgment assessment - Estimation of income - No court could substitute its "best judgment" for that of the assessing authority - Once the books of accounts have been rejected rightly, even though the courts may think that it is not the most appropriate basis, the assessing authority's estimate cannot be disturbed - HC en-us Thu, 03 Aug 2017 07:49:42 +0530 Thu, 03 Aug 2017 07:52:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=35697 Best judgment assessment - Estimation of income - No court could substitute its "best judgment" for that of the assessing authority - Once the books of accounts have been rejected rightly, even though the courts may think that it is not the most appropriate basis, the assessing authority's estimate cannot be disturbed - HC Highlights Income Tax Thu, 03 Aug 2017 07:49:42 +0530 https://www.taxtmi.com/highlights?id=35697