https://www.taxtmi.com/caselaws?id=368023 The Tribunal restored the case to the Assessing Officer for the assessee to substantiate claims with proper evidence, allowing the opportunity to produce books of accounts and audit reports. The Tribunal emphasized the importance of due process and evidence in making final assessments, granting relief by estimating net profit and sustaining a specific addition, while directing a reevaluation of the case to ensure compliance and substantiation of claims. en-us Thu, 27 Sep 2018 00:00:00 +0530 Sat, 29 Sep 2018 06:48:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368023 The Tribunal restored the case to the Assessing Officer for the assessee to substantiate claims with proper evidence, allowing the opportunity to produce books of accounts and audit reports. The Tribunal emphasized the importance of due process and evidence in making final assessments, granting relief by estimating net profit and sustaining a specific addition, while directing a reevaluation of the case to ensure compliance and substantiation of claims. Case-Laws Income Tax Thu, 27 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368023