https://www.taxtmi.com/caselaws?id=24754 The High Court upheld the Tribunal's decision to reject the accounts due to discrepancies in stock figures provided to the bank for overdraft purposes by the tile manufacturer. The Court emphasized the factual nature of the assessment and the sufficiency of material to support the rejection, ultimately ruling in favor of the Department. en-us Tue, 26 May 1987 00:00:00 +0530 Fri, 22 Jan 2010 11:23:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24754 The High Court upheld the Tribunal's decision to reject the accounts due to discrepancies in stock figures provided to the bank for overdraft purposes by the tile manufacturer. The Court emphasized the factual nature of the assessment and the sufficiency of material to support the rejection, ultimately ruling in favor of the Department. Case-Laws Income Tax Tue, 26 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24754