https://www.taxtmi.com/caselaws?id=778364 Delay of 930 days in filing the appeal was accepted as bona fide because the assessee relied on a tax consultant and came from a rural background, so the appeal was admitted in the interest of justice. On the tax issue, bank credits were treated as business receipts and the demonetisation cash deposit was held to form part of the same turnover, so no separate addition was justified. In the absence of regular books, income was estimated on a presumptive basis under section 44AD at 8% of gross receipts, subject to tax credit verification. en-us Fri, 12 Sep 2025 00:00:00 +0530 Mon, 15 Sep 2025 08:26:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778364 Delay of 930 days in filing the appeal was accepted as bona fide because the assessee relied on a tax consultant and came from a rural background, so the appeal was admitted in the interest of justice. On the tax issue, bank credits were treated as business receipts and the demonetisation cash deposit was held to form part of the same turnover, so no separate addition was justified. In the absence of regular books, income was estimated on a presumptive basis under section 44AD at 8% of gross receipts, subject to tax credit verification. Case-Laws Income Tax Fri, 12 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778364