https://www.taxtmi.com/caselaws?id=204624 The High Court dismissed the appeal, upholding the rejection of books of accounts under Section 145 of the Income Tax Act due to identified defects. It affirmed the validity of proceedings for assessment by compulsory scrutiny, emphasizing the jurisdiction of the Assessing Officer. The court supported the rejection of accounts by the AO based on factual evidence and refused to interfere. Additionally, it approved the remittance of the rent payment issue for re-determination, stating it was within the Tribunal's powers. Overall, the court found no substantial legal questions in the issues raised and dismissed the appeal. en-us Tue, 20 Jul 2010 00:00:00 +0530 Wed, 27 Jul 2011 22:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204624 The High Court dismissed the appeal, upholding the rejection of books of accounts under Section 145 of the Income Tax Act due to identified defects. It affirmed the validity of proceedings for assessment by compulsory scrutiny, emphasizing the jurisdiction of the Assessing Officer. The court supported the rejection of accounts by the AO based on factual evidence and refused to interfere. Additionally, it approved the remittance of the rent payment issue for re-determination, stating it was within the Tribunal's powers. Overall, the court found no substantial legal questions in the issues raised and dismissed the appeal. Case-Laws Income Tax Tue, 20 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204624