https://www.taxtmi.com/caselaws?id=765944 An electronic record based on pen-drive data was not rejected for want of a section 65B(4) certificate where the certificate had been called for, placed before the appellate authority, and no effective objection to its validity was raised. The Tribunal also held that, where seized material showed both unrecorded receipts and related payments, the material had to be read holistically and tax should ordinarily be confined to the profit element embedded in the receipts rather than the entire gross receipts. For section 35(2AB), weighted deduction for years governed by the amended rule was limited to expenditure quantified in Form 3CL, while the earlier year outside that regime was not subject to that restriction. en-us Thu, 09 Jan 2025 00:00:00 +0530 Mon, 08 Jun 2026 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765944 An electronic record based on pen-drive data was not rejected for want of a section 65B(4) certificate where the certificate had been called for, placed before the appellate authority, and no effective objection to its validity was raised. The Tribunal also held that, where seized material showed both unrecorded receipts and related payments, the material had to be read holistically and tax should ordinarily be confined to the profit element embedded in the receipts rather than the entire gross receipts. For section 35(2AB), weighted deduction for years governed by the amended rule was limited to expenditure quantified in Form 3CL, while the earlier year outside that regime was not subject to that restriction. Case-Laws Income Tax Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765944