https://www.taxtmi.com/caselaws?id=10154 The High Court dismissed the Revenue's appeal under section 260A of the Income-tax Act, 1961, as it did not involve any substantial question of law. The court upheld the deletion of additions made by the Assessing Officer during block assessment proceedings, as both the Commissioner of Income-tax (Appeals) and the Tribunal accepted the assessee's explanation. The judgment emphasized that appellate jurisdiction does not warrant reevaluation of factual findings unless there are glaring errors, ultimately affirming the lower authorities' decisions and highlighting the importance of substantial legal issues for appeal admission. en-us Mon, 21 Jun 2004 00:00:00 +0530 Thu, 09 Jul 2009 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10154 The High Court dismissed the Revenue's appeal under section 260A of the Income-tax Act, 1961, as it did not involve any substantial question of law. The court upheld the deletion of additions made by the Assessing Officer during block assessment proceedings, as both the Commissioner of Income-tax (Appeals) and the Tribunal accepted the assessee's explanation. The judgment emphasized that appellate jurisdiction does not warrant reevaluation of factual findings unless there are glaring errors, ultimately affirming the lower authorities' decisions and highlighting the importance of substantial legal issues for appeal admission. Case-Laws Income Tax Mon, 21 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10154