https://www.taxtmi.com/caselaws?id=191749 Where the Income-tax Officer rejected the books and made an assessment under section 23(3), the Tribunal's estimate of income on the basis of relevant material was treated as a finding of fact. The objection that section 13 should govern the computation failed because that provision applies only where regularly kept accounts are accepted as the basis of assessment. As the appellate authorities merely differed on the quantum of estimated income and no debatable question of law arose from the factual appreciation, no case was made out for reference under section 66(2). en-us Wed, 10 Aug 1955 00:00:00 +0530 Mon, 17 Apr 2017 17:54:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191749 Where the Income-tax Officer rejected the books and made an assessment under section 23(3), the Tribunal's estimate of income on the basis of relevant material was treated as a finding of fact. The objection that section 13 should govern the computation failed because that provision applies only where regularly kept accounts are accepted as the basis of assessment. As the appellate authorities merely differed on the quantum of estimated income and no debatable question of law arose from the factual appreciation, no case was made out for reference under section 66(2). Case-Laws Income Tax Wed, 10 Aug 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191749