https://www.taxtmi.com/caselaws?id=23564 The High Court upheld the Tribunal's decision regarding a best judgment assessment under section 144 of the Income-tax Act, 1961. The court emphasized that an appeal under section 246 against such an assessment cannot challenge the validity of notices under section 142(1) without utilizing section 146 for reopening the assessment. It referenced previous cases to support its ruling, emphasizing the necessity of following proper procedures in challenging assessments. The judgment favored the Tribunal's assessment under section 144 due to the assessee's failure to produce required documents and failure to invoke section 146 for reopening the assessment. en-us Wed, 27 Sep 1989 00:00:00 +0530 Mon, 21 Dec 2009 18:20:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23564 The High Court upheld the Tribunal's decision regarding a best judgment assessment under section 144 of the Income-tax Act, 1961. The court emphasized that an appeal under section 246 against such an assessment cannot challenge the validity of notices under section 142(1) without utilizing section 146 for reopening the assessment. It referenced previous cases to support its ruling, emphasizing the necessity of following proper procedures in challenging assessments. The judgment favored the Tribunal's assessment under section 144 due to the assessee's failure to produce required documents and failure to invoke section 146 for reopening the assessment. Case-Laws Income Tax Wed, 27 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23564