Tribunal Lacks Authority to Use Self-Created Formula for Income Estimation, Must Follow Established Legal Procedures. https://www.taxtmi.com/highlights?id=42158 Estimation of income on account of “on-­money” - As the last fact finding authority, the Tribunal was not empowered to apply the formula and which was invented by it. en-us Mon, 22 Oct 2018 09:54:44 +0530 Mon, 22 Oct 2018 09:54:44 +0530 TaxTMI RSS Generator Tribunal Lacks Authority to Use Self-Created Formula for Income Estimation, Must Follow Established Legal Procedures. https://www.taxtmi.com/highlights?id=42158 Estimation of income on account of “on-­money” - As the last fact finding authority, the Tribunal was not empowered to apply the formula and which was invented by it. Highlights Income Tax Mon, 22 Oct 2018 09:54:44 +0530 https://www.taxtmi.com/highlights?id=42158