https://www.taxtmi.com/caselaws?id=5957 The Supreme Court upheld the decisions of the Tribunal and High Court, affirming that the assessee had rebutted the presumption under the Explanation to Section 271(1)(c) by proving no fraud or gross neglect. The appeal was dismissed with costs as no question of law arose from the Tribunal's findings. en-us Wed, 28 Jan 1987 00:00:00 +0530 Sun, 30 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5957 The Supreme Court upheld the decisions of the Tribunal and High Court, affirming that the assessee had rebutted the presumption under the Explanation to Section 271(1)(c) by proving no fraud or gross neglect. The appeal was dismissed with costs as no question of law arose from the Tribunal's findings. Case-Laws Income Tax Wed, 28 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5957