https://www.taxtmi.com/caselaws?id=289774 The Court dismissed the Revenue's appeal challenging the Income Tax Appellate Tribunal's order related to the Assessment Year 2011-12. The Tribunal upheld the risk adjustment in favor of the assessee based on established norms, deeming the Revenue's grounds as misconceived. Emphasizing the settled nature of the controversy and the lack of substantial questions of law, the Court ruled that dissatisfaction with factual findings alone does not warrant invoking Section 260-A of the Act. The appeal lacked merit and did not fulfill statutory criteria, leading to its dismissal without costs. en-us Thu, 05 Jul 2018 00:00:00 +0530 Fri, 21 Aug 2020 09:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289774 The Court dismissed the Revenue's appeal challenging the Income Tax Appellate Tribunal's order related to the Assessment Year 2011-12. The Tribunal upheld the risk adjustment in favor of the assessee based on established norms, deeming the Revenue's grounds as misconceived. Emphasizing the settled nature of the controversy and the lack of substantial questions of law, the Court ruled that dissatisfaction with factual findings alone does not warrant invoking Section 260-A of the Act. The appeal lacked merit and did not fulfill statutory criteria, leading to its dismissal without costs. Case-Laws Income Tax Thu, 05 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289774