https://www.taxtmi.com/caselaws?id=334784 The Court overturned the Tribunal's decision and reinstated the CIT (Appeals) view, ruling in favor of the assessee against the department. The Court found that the Assessing Officer unjustly rejected the books of accounts without evidence of irregularities, leading to a favorable outcome for the assessee. Consequently, the appeal was allowed, resolving the issues in favor of the assessee for the assessment years in question. en-us Tue, 15 Nov 2016 00:00:00 +0530 Mon, 21 Nov 2016 13:50:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334784 The Court overturned the Tribunal's decision and reinstated the CIT (Appeals) view, ruling in favor of the assessee against the department. The Court found that the Assessing Officer unjustly rejected the books of accounts without evidence of irregularities, leading to a favorable outcome for the assessee. Consequently, the appeal was allowed, resolving the issues in favor of the assessee for the assessment years in question. Case-Laws Income Tax Tue, 15 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334784