https://www.taxtmi.com/caselaws?id=49290 Where the Tribunal's view that the proviso to section 13 applied is supported by relevant material, the issue remains one of fact and does not give rise to a referable question of law. The Tribunal may rely on circumstances such as the wholesale nature of the business, absence of quantity tally for major items, lack of a stock register, and the presence of imported goods with high profit margins to conclude that income, profits and gains could not properly be deduced from the accounting method adopted. Judicial interference is confined to cases where no supporting material exists. en-us Mon, 21 Sep 1964 00:00:00 +0530 Fri, 22 Aug 2014 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49290 Where the Tribunal's view that the proviso to section 13 applied is supported by relevant material, the issue remains one of fact and does not give rise to a referable question of law. The Tribunal may rely on circumstances such as the wholesale nature of the business, absence of quantity tally for major items, lack of a stock register, and the presence of imported goods with high profit margins to conclude that income, profits and gains could not properly be deduced from the accounting method adopted. Judicial interference is confined to cases where no supporting material exists. Case-Laws Income Tax Mon, 21 Sep 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49290