S. 145 : Method of accounting-Books of Account- Estimation of gross profit-to be made on reasonable basis.

S. 145 : Method of accounting-Rejection-Non production of complete muster rolls-Books of accounts audited-Estimation of profit at 11.5 % is directed to be deleted.

S. 144C : Reference to dispute resolution panel-Limitation-Order set aside by the Appellate Tribunal-Amended section is not applicable-Order void ab initio. [S. 143(3), 144C(13), 153(2A), 254(1)]

S. 144C : Reference to dispute resolution panel-Power of enhancement-DRP has the power to enhance the assessment on an issue not part of assessment order. [S. 145A]

S. 144 : Best judgment assessment-Failure to deduct tax at source-Leave travel allowance-Order passed without calling remand report-Matter remanded-Tribunal recorded deep appreciation for very well drafted statement of facts and grounds of appeal before CIT(A) while deciding the matter without the assistance of the assessee. [S. 10(5), 133A, 192, 201(1), 201(IA), 201(3), 250, 254(1)]

S. 144 : Best judgement assessment-Assessing Officer rejected the books of account and estimated the net profit rate of 12%-CIT(A) estimated at 6.5%.-Order of CIT(A) is affirmed-Un explained expenditure-When the income is estimated separate addition as unexplained expenditure cannot be made-Order of CIT(A) is affirmed. [S. 69C, 145(3)]

S. 143(3) : Assessment-Search and seizure-On money-Buildeer-Opportunity to cross-examine person making adverse statement against assessee never provided to assessee-Addition is not valid. [S. 131, 132, 147]

S. 143(3) : Assessment-Amalgamation-Order of assessment framed in name of non-existent entity after it ceases to be a subsisting entity-Ab initio void.

S. 143(3) : Assessment-Income from undisclosed sources-Refund of tax deducted by mistake-Deletion of addition is justified [S. 69]

S. 143(3) : Assessment-Income from undisclosed sources-estimate of income-Suppression of both purchases and sales-Gross profit alone to be assessed and not entire suppressed sales.-Prior period expenses-Disallowance is justified-Sundry creditors-Matter remanded. [S. 37(1), 69]