https://www.taxtmi.com/caselaws?id=436010 The appeals filed by the assessee against the additions made by the Assessing Officer without rejecting the books of accounts were allowed for the Assessment Years 2013-14 to 2016-17. The Appellate Tribunal held that estimating profits without book rejection was impermissible under the law. The Tribunal emphasized the need for proper procedure and disallowance of expenditures without documentary evidence. Consequently, the Tribunal ruled in favor of the assessee for all the assessment years in question. en-us Wed, 29 Mar 2023 00:00:00 +0530 Sat, 01 Apr 2023 08:22:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436010 The appeals filed by the assessee against the additions made by the Assessing Officer without rejecting the books of accounts were allowed for the Assessment Years 2013-14 to 2016-17. The Appellate Tribunal held that estimating profits without book rejection was impermissible under the law. The Tribunal emphasized the need for proper procedure and disallowance of expenditures without documentary evidence. Consequently, the Tribunal ruled in favor of the assessee for all the assessment years in question. Case-Laws Income Tax Wed, 29 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436010