https://www.taxtmi.com/caselaws?id=32025 Concurrent factual findings based on appreciation of evidence cannot be disturbed in appeal under section 260-A unless they are shown to be perverse or unsupported by material on record. On the discount claimed on tractor sales, the Tribunal accepted the assessee's complete particulars, supporting vouchers, turnover trend, and consistent treatment in earlier and later years, and held that the entire disallowance was unjustified. The finding was not vitiated by perversity or by any impermissible new case, so the Revenue's challenge failed and the deletion of the disallowance was upheld. en-us Thu, 03 Apr 2008 00:00:00 +0530 Thu, 08 Jan 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32025 Concurrent factual findings based on appreciation of evidence cannot be disturbed in appeal under section 260-A unless they are shown to be perverse or unsupported by material on record. On the discount claimed on tractor sales, the Tribunal accepted the assessee's complete particulars, supporting vouchers, turnover trend, and consistent treatment in earlier and later years, and held that the entire disallowance was unjustified. The finding was not vitiated by perversity or by any impermissible new case, so the Revenue's challenge failed and the deletion of the disallowance was upheld. Case-Laws Income Tax Thu, 03 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32025