https://www.taxtmi.com/caselaws?id=313434 The HC dismissed the Revenue's appeals, affirming the ITAT's decision. The primary legal issue was the rejection of books of account before referring to the D.V.O. under Section 142A. The Court relied on the precedent set by the SC in Sargam Cinema, which was deemed applicable, thus ruling against the Revenue's position. en-us Wed, 25 Jan 2017 00:00:00 +0530 Sat, 13 Apr 2024 15:43:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313434 The HC dismissed the Revenue's appeals, affirming the ITAT's decision. The primary legal issue was the rejection of books of account before referring to the D.V.O. under Section 142A. The Court relied on the precedent set by the SC in Sargam Cinema, which was deemed applicable, thus ruling against the Revenue's position. Case-Laws Income Tax Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313434