https://www.taxtmi.com/caselaws?id=34803 The High Court upheld the Tribunal's decision to justify rejecting the partnership firm's books of account in a case involving cedar wood oil production. Other issues, including the low yield of cedar wood oil, use of different yield stumps, and disallowance of foreign tour expenses, were not found to raise substantial legal questions and were considered matters of fact. The appeal was disposed of accordingly with the High Court affirming the Tribunal's decision on the main issue. en-us Mon, 19 Oct 2009 00:00:00 +0530 Tue, 03 Nov 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34803 The High Court upheld the Tribunal's decision to justify rejecting the partnership firm's books of account in a case involving cedar wood oil production. Other issues, including the low yield of cedar wood oil, use of different yield stumps, and disallowance of foreign tour expenses, were not found to raise substantial legal questions and were considered matters of fact. The appeal was disposed of accordingly with the High Court affirming the Tribunal's decision on the main issue. Case-Laws Income Tax Mon, 19 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34803