https://www.taxtmi.com/caselaws?id=314088 The High Court noted that the Tribunal had given cogent reasons, relying on the Supreme Court precedent in Berger Paints India Ltd. and maintaining consistency with its orders in subsequent assessment years and in a similar Exide Industries matter. On that basis, the Court held that the departmental grounds, framed with accounting principle errors, did not raise any substantial question of law warranting interference. The appeal was therefore dismissed, and the stay application was also refused because there was no basis for interim relief once interference with the Tribunal's order was found unwarranted. en-us Mon, 24 Jun 2019 00:00:00 +0530 Thu, 16 May 2024 18:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314088 The High Court noted that the Tribunal had given cogent reasons, relying on the Supreme Court precedent in Berger Paints India Ltd. and maintaining consistency with its orders in subsequent assessment years and in a similar Exide Industries matter. On that basis, the Court held that the departmental grounds, framed with accounting principle errors, did not raise any substantial question of law warranting interference. The appeal was therefore dismissed, and the stay application was also refused because there was no basis for interim relief once interference with the Tribunal's order was found unwarranted. Case-Laws Income Tax Mon, 24 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314088