https://www.taxtmi.com/caselaws?id=793172 Assessment and appellate orders were set aside because the assessee's claim to presumptive taxation under section 44AD, instead of section 44AE, had not been properly examined on the available facts and additional evidence. The Tribunal held that the nature of the business, the number of trucks operated, the source of bank deposits, and eligibility for the presumptive scheme required fresh scrutiny. To secure compliance with natural justice, the matter was remanded for de novo assessment, with the assessee to be allowed to adduce evidence and establish eligibility for section 44AD if otherwise satisfied on the statutory conditions. en-us Mon, 08 Jun 2026 00:00:00 +0530 Tue, 09 Jun 2026 12:20:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793172 Assessment and appellate orders were set aside because the assessee's claim to presumptive taxation under section 44AD, instead of section 44AE, had not been properly examined on the available facts and additional evidence. The Tribunal held that the nature of the business, the number of trucks operated, the source of bank deposits, and eligibility for the presumptive scheme required fresh scrutiny. To secure compliance with natural justice, the matter was remanded for de novo assessment, with the assessee to be allowed to adduce evidence and establish eligibility for section 44AD if otherwise satisfied on the statutory conditions. Case-Laws Income Tax Mon, 08 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793172