assistance to the Assessing Officer to work out credits on "peak theory" basis. Detailed charts were submitted which were verified by the Department ... from the impounded books. The Department worked out credits on peak theory basis amounting to Rs. 1,42,846 as on October
determining undisclosed income, according to which the assessee has
worked out peak cash theory for determining undisclosed income in
respect of unaccounted cash receipts ... submitted that the Ld.CIT(A) erred in
not accepting the peak theory adopted by the assessee and offered as
income by the partners
peak balance. After rejecting the working of
the peak credit furnished by the appellant, the AO himself worked out the combined peak
taking into account ... circumstances, the peak of that money which was
deposited by the appellant on his own account could be assessed under peak credit theory
because entire
Settlement Commission directed the Revenue to check the
calculation on "peak credit theory" but without receiving
comment, the decoding was made by treating ... Rule 9 Report thus "peak
credit theory" should have been applied. The "theory of peak
credit" has not been applied
Appeal has erred on fact and in law in disallowing peak
credit theory by netting transaction in search record for cash loan taken
and cash ... others /JP/2024
Chandra Mohan Badaya vs. DCIT
peak theory submission made by the assessee was not
considered.
19(h) One Hisab Parchi found wherein
Appeal has erred on fact and in law in disallowing peak
credit theory by netting transaction in search record for cash loan taken
and cash ... others /JP/2024
Chandra Mohan Badaya vs. DCIT
peak theory submission made by the assessee was not
considered.
19(h) One Hisab Parchi found wherein
Appeal has erred on fact and in law in disallowing peak
credit theory by netting transaction in search record for cash loan taken
and cash ... others /JP/2024
Chandra Mohan Badaya vs. DCIT
peak theory submission made by the assessee was not
considered.
19(h) One Hisab Parchi found wherein
Appeal has erred on fact and in law in disallowing peak
credit theory by netting transaction in search record for cash loan taken
and cash ... others /JP/2024
Chandra Mohan Badaya vs. DCIT
peak theory submission made by the assessee was not
considered.
19(h) One Hisab Parchi found wherein
Appeal has erred on fact and in law in disallowing peak
credit theory by netting transaction in search record for cash loan taken
and cash ... others /JP/2024
Chandra Mohan Badaya vs. DCIT
peak theory submission made by the assessee was not
considered.
19(h) One Hisab Parchi found wherein
Appeal has erred on fact and in law in disallowing peak
credit theory by netting transaction in search record for cash loan taken
and cash ... others /JP/2024
Chandra Mohan Badaya vs. DCIT
peak theory submission made by the assessee was not
considered.
19(h) One Hisab Parchi found wherein
