https://www.taxtmi.com/caselaws?id=182119 The High Court upheld the Tribunal's decision to dismiss the appeal, finding no substantial question of law involved. The Court deemed the proximity of purchases to the survey date suspicious, leading to the dismissal of the appeal. The judgment emphasizes the need for consistency and transparency in business transactions to avoid scrutiny and disallowances by tax authorities, reminding taxpayers to ensure the accuracy and legitimacy of their financial dealings to prevent adverse legal consequences. en-us Wed, 07 Jul 2010 00:00:00 +0530 Tue, 03 May 2016 12:35:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182119 The High Court upheld the Tribunal's decision to dismiss the appeal, finding no substantial question of law involved. The Court deemed the proximity of purchases to the survey date suspicious, leading to the dismissal of the appeal. The judgment emphasizes the need for consistency and transparency in business transactions to avoid scrutiny and disallowances by tax authorities, reminding taxpayers to ensure the accuracy and legitimacy of their financial dealings to prevent adverse legal consequences. Case-Laws Income Tax Wed, 07 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182119