https://www.taxtmi.com/caselaws?id=4218 The High Court dismissed the appeal against the ITAT order relating to the assessment year 2001-02. The court found that the non-resident company had maintained proper documentation for income computation, including an audit report. Despite some deficiencies in the audit report, the Assessing Officer had diligently examined the company's financials. The court held that the Revenue failed to prove any lack of diligence by the Assessing Officer, leading to the dismissal of the appeal due to the lack of substantial legal questions and the undisputed factual findings. en-us Fri, 26 Oct 2007 00:00:00 +0530 Sat, 26 Jul 2008 13:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4218 The High Court dismissed the appeal against the ITAT order relating to the assessment year 2001-02. The court found that the non-resident company had maintained proper documentation for income computation, including an audit report. Despite some deficiencies in the audit report, the Assessing Officer had diligently examined the company's financials. The court held that the Revenue failed to prove any lack of diligence by the Assessing Officer, leading to the dismissal of the appeal due to the lack of substantial legal questions and the undisputed factual findings. Case-Laws Income Tax Fri, 26 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4218