https://www.taxtmi.com/caselaws?id=276260 A best judgment assessment under section 23(4) is sustained if any one specified default exists, and cancellation under section 27 requires sufficient cause for the default that actually supports the assessment. A partial explanation covering only one default does not undo an unexplained default that independently justifies the best judgment assessment. The reference to a return in a section 22(4) notice was not treated as an extension of time for filing the return under section 22(2). The assessee was therefore not entitled to cancellation merely because one default was explained, and the question was answered in the negative. en-us Tue, 02 Mar 1965 00:00:00 +0530 Sat, 03 Nov 2018 16:10:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276260 A best judgment assessment under section 23(4) is sustained if any one specified default exists, and cancellation under section 27 requires sufficient cause for the default that actually supports the assessment. A partial explanation covering only one default does not undo an unexplained default that independently justifies the best judgment assessment. The reference to a return in a section 22(4) notice was not treated as an extension of time for filing the return under section 22(2). The assessee was therefore not entitled to cancellation merely because one default was explained, and the question was answered in the negative. Case-Laws Income Tax Tue, 02 Mar 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276260