https://www.taxtmi.com/caselaws?id=790391 Ad hoc estimations of wages, interest and sundry creditors were held unsustainable where the Assessing Officer had not rejected the books of account under section 145(3). The note explains that best judgment assessment under section 144 is permissible only after a finding that the accounts are incorrect, incomplete or unreliable and the books are rejected on statutory grounds. Selective additions from entries already reflected in un-rejected books, while the recorded purchases, sales and other transactions remain undisturbed, are impermissible. The additions were directed to be deleted and the assessee succeeded. en-us Tue, 07 Apr 2026 00:00:00 +0530 Fri, 24 Apr 2026 08:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790391 Ad hoc estimations of wages, interest and sundry creditors were held unsustainable where the Assessing Officer had not rejected the books of account under section 145(3). The note explains that best judgment assessment under section 144 is permissible only after a finding that the accounts are incorrect, incomplete or unreliable and the books are rejected on statutory grounds. Selective additions from entries already reflected in un-rejected books, while the recorded purchases, sales and other transactions remain undisturbed, are impermissible. The additions were directed to be deleted and the assessee succeeded. Case-Laws Income Tax Tue, 07 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790391