https://www.taxtmi.com/caselaws?id=306937 The Bombay High Court upheld the Tribunal's decision regarding the validity of the Assessing Officer's order under Section 143(3) of the Income Tax Act for the Assessment Year 2006-07. The Court found that the Assessee had provided sufficient proof of purchases, leading to the conclusion that the order was not erroneous. Consequently, the appeal was dismissed without costs, emphasizing the significance of diligent investigation to ensure the accuracy of tax assessments. en-us Wed, 02 Aug 2017 00:00:00 +0530 Tue, 07 Mar 2023 00:20:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306937 The Bombay High Court upheld the Tribunal's decision regarding the validity of the Assessing Officer's order under Section 143(3) of the Income Tax Act for the Assessment Year 2006-07. The Court found that the Assessee had provided sufficient proof of purchases, leading to the conclusion that the order was not erroneous. Consequently, the appeal was dismissed without costs, emphasizing the significance of diligent investigation to ensure the accuracy of tax assessments. Case-Laws Income Tax Wed, 02 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306937