https://www.taxtmi.com/caselaws?id=247042 The High Court dismissed the Tax Appeal by the Revenue, as no substantial question of law arose from the concurrent findings of the C.I.T. (Appeals) and ITAT regarding the rejection of accounts under Section 145(2) and the addition for unexplained credit under Section 68 of the IT Act. The judgments were based on the regular maintenance of accounts, lack of deviation from accounting norms, and the established identities and creditworthiness of the creditors. en-us Thu, 20 Feb 2014 00:00:00 +0530 Wed, 30 Apr 2014 07:41:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247042 The High Court dismissed the Tax Appeal by the Revenue, as no substantial question of law arose from the concurrent findings of the C.I.T. (Appeals) and ITAT regarding the rejection of accounts under Section 145(2) and the addition for unexplained credit under Section 68 of the IT Act. The judgments were based on the regular maintenance of accounts, lack of deviation from accounting norms, and the established identities and creditworthiness of the creditors. Case-Laws Income Tax Thu, 20 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247042