https://www.taxtmi.com/caselaws?id=290987 Section 27 discretion under the Income-tax Act, 1922 must be exercised judicially on relevant grounds when an assessee claims sufficient cause for failure to file a proper return. On the facts, the assessee did not comply with the mandatory return requirements and the explanation that accounts were not kept yearly did not establish a real impediment to preparing a compliant return from existing books. The Income-tax Officer's refusal to cancel the best judgment assessment and direct a fresh assessment was therefore upheld, as sufficient cause was not shown. en-us Fri, 10 Jan 1930 00:00:00 +0530 Fri, 23 Oct 2020 17:11:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290987 Section 27 discretion under the Income-tax Act, 1922 must be exercised judicially on relevant grounds when an assessee claims sufficient cause for failure to file a proper return. On the facts, the assessee did not comply with the mandatory return requirements and the explanation that accounts were not kept yearly did not establish a real impediment to preparing a compliant return from existing books. The Income-tax Officer's refusal to cancel the best judgment assessment and direct a fresh assessment was therefore upheld, as sufficient cause was not shown. Case-Laws Income Tax Fri, 10 Jan 1930 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290987