https://www.taxtmi.com/caselaws?id=758630 The MP HC dismissed the revenue's appeal challenging ITAT's deletion of additions made under Section 144 after rejecting books under Section 145(3). The court held that no substantial question of law arose as the revenue merely disputed ITAT's factual findings without demonstrating perversity. The ITAT had reasonably concluded that the AO failed to specify defects when rejecting books of account. Since ITAT is the final fact-finding authority and had passed a well-reasoned order considering all material, the HC refused to interfere with concurrent findings of lower appellate authorities. The appeal was dismissed for lack of substantial question of law under Section 260A. en-us Fri, 30 Aug 2024 00:00:00 +0530 Tue, 17 Sep 2024 15:26:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758630 The MP HC dismissed the revenue's appeal challenging ITAT's deletion of additions made under Section 144 after rejecting books under Section 145(3). The court held that no substantial question of law arose as the revenue merely disputed ITAT's factual findings without demonstrating perversity. The ITAT had reasonably concluded that the AO failed to specify defects when rejecting books of account. Since ITAT is the final fact-finding authority and had passed a well-reasoned order considering all material, the HC refused to interfere with concurrent findings of lower appellate authorities. The appeal was dismissed for lack of substantial question of law under Section 260A. Case-Laws Income Tax Fri, 30 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758630