https://www.taxtmi.com/caselaws?id=264141 The High Court allowed the appeals, setting aside the ITAT's order and restoring the A.O.'s decision. The court found the accounts maintained by the assessee to be incorrect and incomplete, justifying the rejection under Section 145(3) of the Income Tax Act. The ITAT's findings were deemed perverse, and the A.O.'s doubts on the accounts' correctness were upheld. The appeals were decided in favor of the revenue, with parties bearing their own costs. en-us Wed, 09 Sep 2015 00:00:00 +0530 Fri, 18 Sep 2015 09:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264141 The High Court allowed the appeals, setting aside the ITAT's order and restoring the A.O.'s decision. The court found the accounts maintained by the assessee to be incorrect and incomplete, justifying the rejection under Section 145(3) of the Income Tax Act. The ITAT's findings were deemed perverse, and the A.O.'s doubts on the accounts' correctness were upheld. The appeals were decided in favor of the revenue, with parties bearing their own costs. Case-Laws Income Tax Wed, 09 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264141