S. 144 : Best judgment assessment-Cash deposited in assessee’s Bank Account-Burden of proof on assessee that bank account not his-Matter remanded for adjudication afresh. [S. 143(3)]

S. 144 : Best judgement assessment-Income from undisclosed sources-Estimation of profits-Profits declared at 14.80%-Amount deposited in account much higher than turnover-Assessing officer applied net profit at 8%-Additions justified-Interest income not disclosed-Addition is justified. [S. 69, Form 26AS]

S. 144 : Best judgment assessment-Estimation of income-Producing complete production details of manufacturing of bricks-Consistency of business-Partly confirmed. [S. 144]

S. 144 : Best judgment assessment-Failure to produce vouchers and books of account-Not owning the Trucks-Estimation of profit-Failure to produce books of account-Assessing officer estimating at 12 Per Cent on gross receipts-CIT(A) reducing to 5 Per Cent-Tribunal applied 2.5 Per Cent of net profit rate on gross receipts. [S. 44AB, 143(3), 145(3)]

S. 144 : Best judgment assessment-Details not filed-Best judgement is held to be justified. [S. 142(1)), 143(2)]

S. 144 : Best judgment assessment-Lack of effective representation-Matter remanded. [S. 254(1)]

S. 144 : Best judgment assessment-Search and seizure-Failed to file return in response to notice-Best judgement assessment valid. [S. 139]

S. 143(3) : Assessment-Survey-Difference between closings tock found and that shown in books-Books of account not rejected-Addition based on estimation is held to be not justified. [S. 133(6) 133A]

S. 143(3) : Assessment-Estimation of turnover-Value added tax and Service tax-Estimation of gross profit on difference in turnover not justified.

S. 143(3) : Assessment-Income from undisclosed sources-Cash low household expenses-House located in small City-Income of two sons-Agricultural income-Deletion of addition is justified.