https://www.taxtmi.com/caselaws?id=24218 Non-production of books of account and non-compliance with the section 142(1) notice made the refusal of registration a matter of factual discretion, not a question of law on the referred facts. The High Court held that the Tribunal was right in treating the issue as essentially factual, including the assessee's explanation that the books were lost in transit, and found no legal error in the Income-tax Officer's exercise of power. The argument that proceedings under sections 142(1) and 144 had to be dealt with separately was rejected because the record showed that both were considered separately. The reference was answered in the negative and the refusal to grant registration was upheld. en-us Mon, 16 Jan 1989 00:00:00 +0530 Mon, 18 Jan 2010 15:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24218 Non-production of books of account and non-compliance with the section 142(1) notice made the refusal of registration a matter of factual discretion, not a question of law on the referred facts. The High Court held that the Tribunal was right in treating the issue as essentially factual, including the assessee's explanation that the books were lost in transit, and found no legal error in the Income-tax Officer's exercise of power. The argument that proceedings under sections 142(1) and 144 had to be dealt with separately was rejected because the record showed that both were considered separately. The reference was answered in the negative and the refusal to grant registration was upheld. Case-Laws Income Tax Mon, 16 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24218