https://www.taxtmi.com/highlights?id=55849 Estimation of income - Rejection of books of accounts - bogus expenditure - absence of bills and vouchers to support the expenditure claimed by the assessee - Estimation of income @8% is reasonable. Even though the assessee had the turnover over and above the limit of Section 44AD - AT en-us Fri, 11 Dec 2020 15:22:45 +0530 Fri, 11 Dec 2020 15:22:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55849 Estimation of income - Rejection of books of accounts - bogus expenditure - absence of bills and vouchers to support the expenditure claimed by the assessee - Estimation of income @8% is reasonable. Even though the assessee had the turnover over and above the limit of Section 44AD - AT Highlights Income Tax Fri, 11 Dec 2020 15:22:45 +0530 https://www.taxtmi.com/highlights?id=55849