Court Rules Against 50% Income Estimation for Medical Professional; Lack of Evidence for Enhanced Assessment. https://www.taxtmi.com/highlights?id=37172 Rejection of books of account - estimation of income from the profession of surgery and consultancy - Whether there exist any basis for estimating the income from the medical profession as carried on by the assessee @ 50% of the receipts, as enhanced? - Held No - HC en-us Thu, 14 Dec 2017 09:57:18 +0530 Thu, 14 Dec 2017 09:57:18 +0530 TaxTMI RSS Generator Court Rules Against 50% Income Estimation for Medical Professional; Lack of Evidence for Enhanced Assessment. https://www.taxtmi.com/highlights?id=37172 Rejection of books of account - estimation of income from the profession of surgery and consultancy - Whether there exist any basis for estimating the income from the medical profession as carried on by the assessee @ 50% of the receipts, as enhanced? - Held No - HC Highlights Income Tax Thu, 14 Dec 2017 09:57:18 +0530 https://www.taxtmi.com/highlights?id=37172