https://www.taxtmi.com/caselaws?id=220749 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's order for the assessment year 2006-07. The Court upheld the Tribunal's decisions on interpreting provisions of Section 29 and 145 for determining 'chargeable income', reducing the addition for undisclosed surgeries based on the appellant's submissions, and adjusting the average rate for surgery income estimation. Additionally, the Court affirmed the Tribunal's rejection of the appellant's books of accounts, emphasizing the significance of concessions made during the proceedings. The appeal was dismissed as the Court found no substantial question of law for consideration. en-us Wed, 30 Jan 2013 00:00:00 +0530 Wed, 15 May 2013 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220749 The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal's order for the assessment year 2006-07. The Court upheld the Tribunal's decisions on interpreting provisions of Section 29 and 145 for determining 'chargeable income', reducing the addition for undisclosed surgeries based on the appellant's submissions, and adjusting the average rate for surgery income estimation. Additionally, the Court affirmed the Tribunal's rejection of the appellant's books of accounts, emphasizing the significance of concessions made during the proceedings. The appeal was dismissed as the Court found no substantial question of law for consideration. Case-Laws Income Tax Wed, 30 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220749