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2003 (7) TMI 70 - HC - Income TaxBooks of accounts - In the present case the Assessing Officer has made a bald observation that the information was supplied by the assessee. No other reason has been ascribed for arriving at such a conclusion. It is also submitted by him that P-5 certificate has been issued by the statutory authority and that has been accepted for many years. Quite apart from the above, the assessee has never maintained the books of account for individual shops. The facts which have been pressed into service by the Assessing Officer and the appellate authority to reject the books of account are similar to those of the previous years. - In view of the aforesaid, we are of the considered opinion that no substantial question of law arises in this appeal. - Doctrine of res judicata is not applicable but consistency has to be maintained unless there is a manifest distinguishable feature.
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