https://www.taxtmi.com/caselaws?id=3790 The High Court dismissed the revenue's appeal under Section 260A of the Income-tax Act, upholding the deletion of a trading addition of Rs.20,83,752 by the Commissioner of Income Tax (Appeals). The Court found no substantial question of law as the additions were made without pointing out any specific defects in the books of accounts, as determined by the lower authorities. The judgment focused on the rejection of books of accounts, addition of trading amounts, and subsequent deletion of such additions due to the lack of specific defects in the records. en-us Sat, 08 Mar 2008 00:00:00 +0530 Wed, 07 Oct 2009 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3790 The High Court dismissed the revenue's appeal under Section 260A of the Income-tax Act, upholding the deletion of a trading addition of Rs.20,83,752 by the Commissioner of Income Tax (Appeals). The Court found no substantial question of law as the additions were made without pointing out any specific defects in the books of accounts, as determined by the lower authorities. The judgment focused on the rejection of books of accounts, addition of trading amounts, and subsequent deletion of such additions due to the lack of specific defects in the records. Case-Laws Income Tax Sat, 08 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3790