https://www.taxtmi.com/caselaws?id=19420 The Tribunal upheld its decision in favor of the Revenue and against the assessee on all issues. It found that the assessee failed to comply with notices issued under sections 142(1) and 143(2) of the Income-tax Act, warranting a best judgment assessment under section 144. The Tribunal concluded that the Income-tax Officer's refusal to grant registration to the assessee under section 185(5) was based on sufficient material and not arbitrary. The Tribunal also held that reconsideration on the point of status was not permissible under section 185(5) of the Act. en-us Fri, 08 Apr 1994 00:00:00 +0530 Fri, 06 Nov 2009 11:02:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19420 The Tribunal upheld its decision in favor of the Revenue and against the assessee on all issues. It found that the assessee failed to comply with notices issued under sections 142(1) and 143(2) of the Income-tax Act, warranting a best judgment assessment under section 144. The Tribunal concluded that the Income-tax Officer's refusal to grant registration to the assessee under section 185(5) was based on sufficient material and not arbitrary. The Tribunal also held that reconsideration on the point of status was not permissible under section 185(5) of the Act. Case-Laws Income Tax Fri, 08 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19420