https://www.taxtmi.com/caselaws?id=75432 The High Court of Delhi upheld the Tribunal's decision in an appeal by the Revenue for the assessment year 2000-01. The case centered on the genuineness of purchases made before a survey, which were not reflected in the financial books due to missing purchase bills. The Commissioner and Tribunal both found the purchases to be authentic based on supporting evidence. The Court emphasized the limited scope for challenging factual findings in appeals and dismissed the appeal, affirming the lower authorities' conclusions on the undisclosed stock addition and purchase transactions. en-us Wed, 24 Feb 2010 00:00:00 +0530 Thu, 15 Mar 2012 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75432 The High Court of Delhi upheld the Tribunal's decision in an appeal by the Revenue for the assessment year 2000-01. The case centered on the genuineness of purchases made before a survey, which were not reflected in the financial books due to missing purchase bills. The Commissioner and Tribunal both found the purchases to be authentic based on supporting evidence. The Court emphasized the limited scope for challenging factual findings in appeals and dismissed the appeal, affirming the lower authorities' conclusions on the undisclosed stock addition and purchase transactions. Case-Laws Income Tax Wed, 24 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75432