https://www.taxtmi.com/caselaws?id=11484 The Court dismissed the Revenue's appeal under section 260A of the Income-tax Act, 1961 challenging the Income-tax Appellate Tribunal's order for the assessment year 1993-94. The Court upheld the Tribunal's decision endorsing the Commissioner's view, finding no substantial questions of law as the Tribunal's order lacked independent findings due to insufficient supporting material for estimation. The deletion of trading addition by the Commissioner was confirmed, emphasizing the irrelevance of the slip used for estimation and the absence of relevant material. The Court deemed the Tribunal's decision not perverse, concluding that no substantial question of law arose, and upheld the Tribunal's order. en-us Fri, 18 Jul 2003 00:00:00 +0530 Mon, 10 Aug 2009 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11484 The Court dismissed the Revenue's appeal under section 260A of the Income-tax Act, 1961 challenging the Income-tax Appellate Tribunal's order for the assessment year 1993-94. The Court upheld the Tribunal's decision endorsing the Commissioner's view, finding no substantial questions of law as the Tribunal's order lacked independent findings due to insufficient supporting material for estimation. The deletion of trading addition by the Commissioner was confirmed, emphasizing the irrelevance of the slip used for estimation and the absence of relevant material. The Court deemed the Tribunal's decision not perverse, concluding that no substantial question of law arose, and upheld the Tribunal's order. Case-Laws Income Tax Fri, 18 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11484