https://www.taxtmi.com/highlights?id=63260 Addition on account of Repair and Maintenance of Plant and Machinery on estimate basis - sale of scrap - The assessee brought on record a chart of sale made of scrap in last years and subsequent year which revealed that during the financial year 2014-15 it accounted for sale of scrap in its books of account. - no valid justification for estimating the value of scrap and making the impugned addition by discarding the method of accounting regularly employed by the assessee - AT en-us Wed, 04 May 2022 08:31:34 +0530 Wed, 04 May 2022 08:31:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63260 Addition on account of Repair and Maintenance of Plant and Machinery on estimate basis - sale of scrap - The assessee brought on record a chart of sale made of scrap in last years and subsequent year which revealed that during the financial year 2014-15 it accounted for sale of scrap in its books of account. - no valid justification for estimating the value of scrap and making the impugned addition by discarding the method of accounting regularly employed by the assessee - AT Highlights Income Tax Wed, 04 May 2022 08:31:34 +0530 https://www.taxtmi.com/highlights?id=63260