https://www.taxtmi.com/caselaws?id=202131 The High Court dismissed the appeal, upholding the decisions of the lower authorities regarding tax liability assessment, penalty proceedings, and appeal against Assessing Officer's decision. The court found no merit in the Revenue's challenge, considering evidence from vendors, lack of new facts, and past acceptance of similar claims. The appeal was dismissed based on the lack of grounds for interference and the genuine verification of vendors' confirmations for the assessment year in question. en-us Mon, 09 Mar 2009 00:00:00 +0530 Thu, 27 Dec 2012 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202131 The High Court dismissed the appeal, upholding the decisions of the lower authorities regarding tax liability assessment, penalty proceedings, and appeal against Assessing Officer's decision. The court found no merit in the Revenue's challenge, considering evidence from vendors, lack of new facts, and past acceptance of similar claims. The appeal was dismissed based on the lack of grounds for interference and the genuine verification of vendors' confirmations for the assessment year in question. Case-Laws Income Tax Mon, 09 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202131