https://www.taxtmi.com/caselaws?id=14519 The Gujarat HC noted that questions on block assessment, undisclosed income, commission payments, depreciation, and interest-related additions did not give rise to referable questions of law where the Tribunal's conclusions rested on appreciation of evidence and settled principles. It affirmed that block assessment operates separately from regular assessment, but disclosed income or expenditure already appearing in the return or regular books cannot be recast as undisclosed income merely on a different view of the same material. Findings on the genuineness of liaison services, business use of renovated premises, and related factual records were treated as matters of fact, and no perversity was shown. en-us Mon, 18 Oct 1999 00:00:00 +0530 Thu, 16 Jul 2009 13:15:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14519 The Gujarat HC noted that questions on block assessment, undisclosed income, commission payments, depreciation, and interest-related additions did not give rise to referable questions of law where the Tribunal's conclusions rested on appreciation of evidence and settled principles. It affirmed that block assessment operates separately from regular assessment, but disclosed income or expenditure already appearing in the return or regular books cannot be recast as undisclosed income merely on a different view of the same material. Findings on the genuineness of liaison services, business use of renovated premises, and related factual records were treated as matters of fact, and no perversity was shown. Case-Laws Income Tax Mon, 18 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14519