https://www.taxtmi.com/caselaws?id=21746 Dissatisfaction with the correctness or completeness of accounts, rejection of books, and estimation of income on best judgment were treated as factual matters. The Tribunal relied on defects in the stock register and other discrepancies to support application of section 145(2), and the reference to comparable cases was used only to estimate the addition, not to invoke the provision. No material irregularity, reliance on irrelevant material, or omission of relevant material was shown. The findings were therefore findings of fact, and no question of law arose for reference; the reference application was rightly rejected. en-us Fri, 13 Mar 1992 00:00:00 +0530 Fri, 27 Nov 2009 13:56:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21746 Dissatisfaction with the correctness or completeness of accounts, rejection of books, and estimation of income on best judgment were treated as factual matters. The Tribunal relied on defects in the stock register and other discrepancies to support application of section 145(2), and the reference to comparable cases was used only to estimate the addition, not to invoke the provision. No material irregularity, reliance on irrelevant material, or omission of relevant material was shown. The findings were therefore findings of fact, and no question of law arose for reference; the reference application was rightly rejected. Case-Laws Income Tax Fri, 13 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21746