https://www.taxtmi.com/caselaws?id=786489 Where assessment was completed because books were not produced, principles of natural justice required remand and a final opportunity to furnish accounts so that any estimation of profit under the presumptive scheme is based on substantive materials. The tribunal allowed the appeal for statistical purposes and directed the Assessing Officer to afford a last chance to produce books and relevant details, then reconsider and pass appropriate orders in law; the matter is remitted for fresh adjudication rather than being sustained solely on the record that led to assessment under default provisions. en-us Tue, 10 Feb 2026 00:00:00 +0530 Fri, 13 Feb 2026 09:18:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786489 Where assessment was completed because books were not produced, principles of natural justice required remand and a final opportunity to furnish accounts so that any estimation of profit under the presumptive scheme is based on substantive materials. The tribunal allowed the appeal for statistical purposes and directed the Assessing Officer to afford a last chance to produce books and relevant details, then reconsider and pass appropriate orders in law; the matter is remitted for fresh adjudication rather than being sustained solely on the record that led to assessment under default provisions. Case-Laws Income Tax Tue, 10 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786489