https://www.taxtmi.com/caselaws?id=470692 Best-judgment assessment and sustained disallowances were upheld because the assessee did not furnish requested particulars, supporting evidence, or submissions on the merits of its claims. Its participation remained confined to seeking transfer of the assessment proceedings, while no material was produced before the Assessing Officer, appellate authority, or Tribunal to displace the assessment or substantiate the depreciation and expense claims. The transfer request relating to the Tribunal appeal had also been rejected. The assessment and disallowances sustained by the appellate authority therefore remained in force. en-us Wed, 26 Mar 2025 00:00:00 +0530 Tue, 04 Aug 2026 20:51:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470692 Best-judgment assessment and sustained disallowances were upheld because the assessee did not furnish requested particulars, supporting evidence, or submissions on the merits of its claims. Its participation remained confined to seeking transfer of the assessment proceedings, while no material was produced before the Assessing Officer, appellate authority, or Tribunal to displace the assessment or substantiate the depreciation and expense claims. The transfer request relating to the Tribunal appeal had also been rejected. The assessment and disallowances sustained by the appellate authority therefore remained in force. Case-Laws Income Tax Wed, 26 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470692