https://www.taxtmi.com/caselaws?id=330317 The dominant issue was whether the AO was justified in rejecting the assessee's books of account under the Income-tax Act based on alleged discrepancies. The CIT(A) examined each discrepancy and held that none of the eight grounds relied on by the AO were legally sustainable; the ITAT concurred, recording concurrent findings of fact on appreciation of the evidence. The HC held that, absent any perversity, reliance on irrelevant material, or ignoring of relevant material, such concurrent factual findings do not give rise to any question of law or substantial question of law warranting interference. The revenue's appeal was dismissed. en-us Fri, 06 May 2016 00:00:00 +0530 Tue, 30 Dec 2025 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330317 The dominant issue was whether the AO was justified in rejecting the assessee's books of account under the Income-tax Act based on alleged discrepancies. The CIT(A) examined each discrepancy and held that none of the eight grounds relied on by the AO were legally sustainable; the ITAT concurred, recording concurrent findings of fact on appreciation of the evidence. The HC held that, absent any perversity, reliance on irrelevant material, or ignoring of relevant material, such concurrent factual findings do not give rise to any question of law or substantial question of law warranting interference. The revenue's appeal was dismissed. Case-Laws Income Tax Fri, 06 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330317