https://www.taxtmi.com/caselaws?id=212403 The High Court dismissed the Revenue's appeal against the ITAT order, which rejected the addition to the assessee's income due to unverifiable books of account. The Court found that the AO failed to identify specific mistakes in the books, supporting the CIT(A) and ITAT decisions. Emphasizing that no perversity existed in the factual findings, the Court held that the case revolved around factual matters rather than substantial legal questions, leading to the appeal's dismissal. en-us Tue, 01 Nov 2011 00:00:00 +0530 Tue, 22 May 2012 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212403 The High Court dismissed the Revenue's appeal against the ITAT order, which rejected the addition to the assessee's income due to unverifiable books of account. The Court found that the AO failed to identify specific mistakes in the books, supporting the CIT(A) and ITAT decisions. Emphasizing that no perversity existed in the factual findings, the Court held that the case revolved around factual matters rather than substantial legal questions, leading to the appeal's dismissal. Case-Laws Income Tax Tue, 01 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212403