https://www.taxtmi.com/highlights?id=72910 Estimation of income - On Money - Unaccounted on money receipt from the real estate project - the assessing officer being investigator and adjudicator was under obligation to consider the entire seized material. The assessing officer has clearly recorded that the assessee receiving on money in cash and was incurring expenditure therefrom. No such fact was taken into consideration by assessing officer while estimating income from on money component. - CIT(A) rightly considered the on money for determination of income - AT en-us Sun, 05 Nov 2023 10:16:00 +0530 Sun, 05 Nov 2023 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72910 Estimation of income - On Money - Unaccounted on money receipt from the real estate project - the assessing officer being investigator and adjudicator was under obligation to consider the entire seized material. The assessing officer has clearly recorded that the assessee receiving on money in cash and was incurring expenditure therefrom. No such fact was taken into consideration by assessing officer while estimating income from on money component. - CIT(A) rightly considered the on money for determination of income - AT Highlights Income Tax Sun, 05 Nov 2023 10:16:00 +0530 https://www.taxtmi.com/highlights?id=72910