https://www.taxtmi.com/caselaws?id=370609 The High Court dismissed the appeal, stating that no substantial question of law arises and it is merely a reappreciation of evidence. The Tribunal's reliance on its earlier judgment and the legal principles established in various precedents were deemed appropriate. The burden of proof on the assessee, especially in the case of private limited companies, was emphasized, and the Tribunal's findings were upheld. en-us Wed, 25 Jul 2018 00:00:00 +0530 Mon, 19 Nov 2018 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370609 The High Court dismissed the appeal, stating that no substantial question of law arises and it is merely a reappreciation of evidence. The Tribunal's reliance on its earlier judgment and the legal principles established in various precedents were deemed appropriate. The burden of proof on the assessee, especially in the case of private limited companies, was emphasized, and the Tribunal's findings were upheld. Case-Laws Income Tax Wed, 25 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370609