https://www.taxtmi.com/caselaws?id=257907 The Bombay High Court dismissed the appeal against the Income Tax Appellate Tribunal's order regarding a shop purchase. The court found the Assessing Officer's evidence of cash payment for the shop purchase convincing. Despite arguments citing legal precedents, the court agreed with the Assessee's representative that the findings were not perverse and lacked a substantial legal question. The court concluded that the evidence supported the Assessee's position, leading to the appeal's dismissal without costs. en-us Wed, 18 Mar 2015 00:00:00 +0530 Thu, 26 Mar 2015 06:10:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257907 The Bombay High Court dismissed the appeal against the Income Tax Appellate Tribunal's order regarding a shop purchase. The court found the Assessing Officer's evidence of cash payment for the shop purchase convincing. Despite arguments citing legal precedents, the court agreed with the Assessee's representative that the findings were not perverse and lacked a substantial legal question. The court concluded that the evidence supported the Assessee's position, leading to the appeal's dismissal without costs. Case-Laws Income Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257907