https://www.taxtmi.com/caselaws?id=262458 The Tribunal's deletion of the addition for alleged unexplained purchases and investment in sugar was sustained because the purchases were supported by regular books, audited accounts, bills, confirmations, VAT records, and identified registered traders' statements. Revenue material from raid proceedings and statements before the Food & Civil Supplies Department did not displace the documentary record showing accounted transactions. As the dispute depended on appreciation of facts and the Tribunal's view was not shown to be perverse, no substantial question of law arose. en-us Wed, 05 Aug 2015 00:00:00 +0530 Sat, 07 Nov 2015 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262458 The Tribunal's deletion of the addition for alleged unexplained purchases and investment in sugar was sustained because the purchases were supported by regular books, audited accounts, bills, confirmations, VAT records, and identified registered traders' statements. Revenue material from raid proceedings and statements before the Food & Civil Supplies Department did not displace the documentary record showing accounted transactions. As the dispute depended on appreciation of facts and the Tribunal's view was not shown to be perverse, no substantial question of law arose. Case-Laws Income Tax Wed, 05 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262458