https://www.taxtmi.com/caselaws?id=347492 The High Court identified substantial questions of law (D), (F), and (H) for appeal consideration, dismissing others based on legal provisions. Findings revealed non-genuine purchases due to control by a single person, leading to concurrent findings against the assessee. The Court emphasized the necessity of establishing a nexus between transactions and depreciation claims, admitting appeals on this issue. Instructions were given to inspect original records for proper documentation. The judgment highlighted the importance of legal compliance and thorough examination in tax matters. en-us Tue, 22 Aug 2017 00:00:00 +0530 Tue, 05 Sep 2017 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347492 The High Court identified substantial questions of law (D), (F), and (H) for appeal consideration, dismissing others based on legal provisions. Findings revealed non-genuine purchases due to control by a single person, leading to concurrent findings against the assessee. The Court emphasized the necessity of establishing a nexus between transactions and depreciation claims, admitting appeals on this issue. Instructions were given to inspect original records for proper documentation. The judgment highlighted the importance of legal compliance and thorough examination in tax matters. Case-Laws Income Tax Tue, 22 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347492