https://www.taxtmi.com/caselaws?id=468653 Where books of account are rejected and income is assessed on an estimated basis, a separate addition for sundry creditors is not sustainable unless independently justified, because the estimation already captures the business results. The ITAT Agra deleted the addition on this ground and held the issue in favour of the assessee. The first ground was not pressed. en-us Wed, 05 Feb 2025 00:00:00 +0530 Fri, 15 May 2026 20:34:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468653 Where books of account are rejected and income is assessed on an estimated basis, a separate addition for sundry creditors is not sustainable unless independently justified, because the estimation already captures the business results. The ITAT Agra deleted the addition on this ground and held the issue in favour of the assessee. The first ground was not pressed. Case-Laws Income Tax Wed, 05 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468653