https://www.taxtmi.com/caselaws?id=778432 ITAT, Delhi (AT) held the AO validly framed a best-judgement assessment under s.144 where the return filed in response to a s.142(1) notice was treated as unreliable. The tribunal upheld CIT(A)'s rejection of legal objections, found no requirement for directions under s.144A, and sustained the power to make additions under s.69A based on record material. However, ITAT remitted the s.69A additions to the AO for fresh factual determination guided by equity and fairness, and allowed the appeal for statistical purposes. en-us Fri, 17 Jan 2025 00:00:00 +0530 Tue, 16 Sep 2025 09:03:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778432 ITAT, Delhi (AT) held the AO validly framed a best-judgement assessment under s.144 where the return filed in response to a s.142(1) notice was treated as unreliable. The tribunal upheld CIT(A)'s rejection of legal objections, found no requirement for directions under s.144A, and sustained the power to make additions under s.69A based on record material. However, ITAT remitted the s.69A additions to the AO for fresh factual determination guided by equity and fairness, and allowed the appeal for statistical purposes. Case-Laws Income Tax Fri, 17 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778432