https://www.taxtmi.com/caselaws?id=350195 The High Court upheld the decisions of the Hon'ble ITAT in a tax dispute case. The ITAT's grant of relief on estimation basis without documentary evidence was deemed plausible, with the High Court finding no substantial legal questions. Additionally, the ITAT's approval of construction and land cost expenses without specific evidence was upheld, considering known income sources. The Court also supported relief granted on estimate basis despite lack of proper accounts, citing the Commissioner's adherence to established principles. The appeal was dismissed, emphasizing the importance of documentation and adherence to tax assessment principles. en-us Wed, 20 Sep 2017 00:00:00 +0530 Wed, 01 Nov 2017 14:01:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350195 The High Court upheld the decisions of the Hon'ble ITAT in a tax dispute case. The ITAT's grant of relief on estimation basis without documentary evidence was deemed plausible, with the High Court finding no substantial legal questions. Additionally, the ITAT's approval of construction and land cost expenses without specific evidence was upheld, considering known income sources. The Court also supported relief granted on estimate basis despite lack of proper accounts, citing the Commissioner's adherence to established principles. The appeal was dismissed, emphasizing the importance of documentation and adherence to tax assessment principles. Case-Laws Income Tax Wed, 20 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350195