In the result, all the appeals filed by the different Assessee’s are allowed
Bench: Shri Vijay Pal Rao & Shri Manjunatha G
43D. It was noted that, the computation under section 29 is to be made under section 145 on the basis of the books regularly maintained by the assessee. If those books are 28 ITA.Nos.514 to 539/Hyd./2025, And ITA.Nos.308 to 311/Hyd./2025. not correct or complete, the Assessing Officer may reject those books and estimate