Answers On Topic: Best judgement assessment
  Notice under sec 144 of IT Act (Best Judgment Assessement)
whether notice under section 144 (Best Judgment Assessement) be issued for non response to notice under section 148 of IT Act.


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  Rejection of books of accounts and applying 8% on sale to compute Income and passed ex parte assessment oreder
Ld AO passed ex parte assessment order without considering the part reply filed by assessee by rejecting books of accounts alleging that assesee has not produced books of accounts by applying 8% rate on sale even the case was not time barred.


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