https://www.taxtmi.com/caselaws?id=32454 The appeals filed by both the Assessee and Revenue Department against the Commissioner of Income Tax (Appeals) order for the Assessment Year 1992-1993 were dismissed. The court upheld the rejection of the book result and the addition of undisclosed gross profit by the Assessing Officer. Emphasizing the Assessing Officer's authority to reasonably compute income when books are inadequately maintained, the court found no substantial question of law for consideration, leading to the dismissal of the appeals related to the improper accounting method utilized by the Assessee. en-us Fri, 29 Aug 2008 00:00:00 +0530 Wed, 25 Feb 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32454 The appeals filed by both the Assessee and Revenue Department against the Commissioner of Income Tax (Appeals) order for the Assessment Year 1992-1993 were dismissed. The court upheld the rejection of the book result and the addition of undisclosed gross profit by the Assessing Officer. Emphasizing the Assessing Officer's authority to reasonably compute income when books are inadequately maintained, the court found no substantial question of law for consideration, leading to the dismissal of the appeals related to the improper accounting method utilized by the Assessee. Case-Laws Income Tax Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32454