https://www.taxtmi.com/caselaws?id=75635 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's order for the assessment year 2005-06. The Tribunal's decision, supported by evidence, highlighted the Assessing Officer's error in estimating expenses without concrete evidence, affirming the autonomy of the assessee in managing its affairs. The High Court found no substantial legal issues raised and upheld the Tribunal's conclusions, emphasizing the lack of loss to the Revenue. The appeal lacked merit and was dismissed on March 9, 2010, by Hon'ble Mr. Justice M.M. Kumar and Hon'ble Mr. Justice Jitendra Chauhan. en-us Tue, 09 Mar 2010 00:00:00 +0530 Tue, 06 Sep 2011 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75635 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's order for the assessment year 2005-06. The Tribunal's decision, supported by evidence, highlighted the Assessing Officer's error in estimating expenses without concrete evidence, affirming the autonomy of the assessee in managing its affairs. The High Court found no substantial legal issues raised and upheld the Tribunal's conclusions, emphasizing the lack of loss to the Revenue. The appeal lacked merit and was dismissed on March 9, 2010, by Hon'ble Mr. Justice M.M. Kumar and Hon'ble Mr. Justice Jitendra Chauhan. Case-Laws Income Tax Tue, 09 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75635