https://www.taxtmi.com/caselaws?id=412858 The tribunal dismissed both the assessee and revenue's appeals, upholding the CIT(A)'s decisions on rejecting book results, disallowing claimed loss, and treating income from other sources. The judgment stressed the importance of providing thorough evidence in response to assessment notices and upheld the principles of income estimation under the Income-Tax Act, 1961. en-us Tue, 21 Sep 2021 00:00:00 +0530 Wed, 29 Sep 2021 11:03:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412858 The tribunal dismissed both the assessee and revenue's appeals, upholding the CIT(A)'s decisions on rejecting book results, disallowing claimed loss, and treating income from other sources. The judgment stressed the importance of providing thorough evidence in response to assessment notices and upheld the principles of income estimation under the Income-Tax Act, 1961. Case-Laws Income Tax Tue, 21 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412858