https://www.taxtmi.com/caselaws?id=797759 Rejection of books of account and profit estimation require demonstrated defects in the audited accounts and reliable supporting material; an unsuitable comparison with a substantially larger real-estate entity does not establish unreliability where project-specific tenant-rent expenditure and project-completion accounting apply. Alleged sales below ready reckoner value require comparison with the valuation applicable on the booking date and complete, unrebutted sales data. A survey statement made before the financial year closes cannot displace audited accounts without corroboration. Cash transactions relating to earlier years and covered by an Income Declaration Scheme disclosure require appropriate linkage and credit where the redevelopment project is the sole relevant project. en-us Fri, 24 Jul 2026 00:00:00 +0530 Thu, 27 Aug 2026 08:28:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797759 Rejection of books of account and profit estimation require demonstrated defects in the audited accounts and reliable supporting material; an unsuitable comparison with a substantially larger real-estate entity does not establish unreliability where project-specific tenant-rent expenditure and project-completion accounting apply. Alleged sales below ready reckoner value require comparison with the valuation applicable on the booking date and complete, unrebutted sales data. A survey statement made before the financial year closes cannot displace audited accounts without corroboration. Cash transactions relating to earlier years and covered by an Income Declaration Scheme disclosure require appropriate linkage and credit where the redevelopment project is the sole relevant project. Case-Laws Income Tax Fri, 24 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797759