https://www.taxtmi.com/caselaws?id=447514 Bestjudgment assessment under section 144 was sustained because cash deposits in the assessee's bank account were treated as unexplained money under the relevant income provisions, and no evidence was placed on record to rebut that treatment; consequence: the addition was upheld. The assessee's voluntary failure to file a return, to respond to notices, or to participate in assessment and appellate proceedings was held fatal to its case; consequence: the plea for restoration for fresh adjudication was rejected and the appeal dismissed. The tribunal emphasised that the right to appeal exists only to remedy a legal grievance, not to permit firsttime factual contestation after nonparticipation. en-us Mon, 18 Sep 2023 00:00:00 +0530 Tue, 03 Feb 2026 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447514 Bestjudgment assessment under section 144 was sustained because cash deposits in the assessee's bank account were treated as unexplained money under the relevant income provisions, and no evidence was placed on record to rebut that treatment; consequence: the addition was upheld. The assessee's voluntary failure to file a return, to respond to notices, or to participate in assessment and appellate proceedings was held fatal to its case; consequence: the plea for restoration for fresh adjudication was rejected and the appeal dismissed. The tribunal emphasised that the right to appeal exists only to remedy a legal grievance, not to permit firsttime factual contestation after nonparticipation. Case-Laws Income Tax Mon, 18 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447514