https://www.taxtmi.com/caselaws?id=796520 In an appeal under Section 260A, the High Court cannot reappreciate seized loose sheets, visitors' slips and diary entries merely to replace the Tribunal's factual conclusions. The Tribunal had examined the documents, accepted the assessee's explanations, and noted the absence of verification from students, parents or other independent sources. The material did not justify extrapolating alleged unaccounted fee collections across years, estimating receipts for unverified seats, or equating COMED-K cancellation-seat fees with management-quota fees. As the Revenue showed no ignored material, lack of evidence or perversity, deletion of the additions remained undisturbed. en-us Wed, 29 Jul 2026 00:00:00 +0530 Thu, 06 Aug 2026 09:11:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796520 In an appeal under Section 260A, the High Court cannot reappreciate seized loose sheets, visitors' slips and diary entries merely to replace the Tribunal's factual conclusions. The Tribunal had examined the documents, accepted the assessee's explanations, and noted the absence of verification from students, parents or other independent sources. The material did not justify extrapolating alleged unaccounted fee collections across years, estimating receipts for unverified seats, or equating COMED-K cancellation-seat fees with management-quota fees. As the Revenue showed no ignored material, lack of evidence or perversity, deletion of the additions remained undisturbed. Case-Laws Income Tax Wed, 29 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796520