https://www.taxtmi.com/caselaws?id=340388 Concurrent findings that the sales were genuine and supported by purchase and transportation evidence were left undisturbed because no perversity was shown, so no substantial question of law arose in appeal. The Court also applied the principle that income already reflected in the regular books cannot be treated as undisclosed income for block assessment. Reliance on a statement recorded in another search did not justify interference. The Revenue's challenge was therefore rejected and the appeal was not entertained. en-us Mon, 20 Feb 2017 00:00:00 +0530 Tue, 21 Mar 2017 08:59:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340388 Concurrent findings that the sales were genuine and supported by purchase and transportation evidence were left undisturbed because no perversity was shown, so no substantial question of law arose in appeal. The Court also applied the principle that income already reflected in the regular books cannot be treated as undisclosed income for block assessment. Reliance on a statement recorded in another search did not justify interference. The Revenue's challenge was therefore rejected and the appeal was not entertained. Case-Laws Income Tax Mon, 20 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340388