https://www.taxtmi.com/caselaws?id=281468 The Rajasthan High Court admitted substantial questions of law on whether a 15% disallowance of purchases could be sustained solely on an oral statement recorded during search when banking records, VAT payment and delivery evidence were available, and on whether a trading addition could stand where the books of account had not been rejected under section 145. The order confines itself to admitting these issues for adjudication and issuing notice to the respondent; it does not decide the merits of either contention. en-us Wed, 28 Sep 2016 00:00:00 +0530 Thu, 20 Jun 2019 15:23:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281468 The Rajasthan High Court admitted substantial questions of law on whether a 15% disallowance of purchases could be sustained solely on an oral statement recorded during search when banking records, VAT payment and delivery evidence were available, and on whether a trading addition could stand where the books of account had not been rejected under section 145. The order confines itself to admitting these issues for adjudication and issuing notice to the respondent; it does not decide the merits of either contention. Case-Laws Income Tax Wed, 28 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281468