s. 145 and specific additions

[rajul5234]

Guj. H. C. TA 1255/2009 & others. Dt. 1/7/16, Prashant oil mill.

Held, If books are rejected u/s 145, specific additions cannot be made based on those books and best judgement is to be done on basis of history and nature of business and net profit rate in previous year.

R K Patel