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2018 (3) TMI 963 - HC - Income TaxAddition on account of discrepancy in stock statements - Held that:- All the three authorities have come to a finding of fact that the claim of closing stock made by the appellant on the basis of the figures indicated in the Balance Sheet is not supported by the evidence on record. In these circumstance, the question as proposed does not give rise to any substantial question of law as it is an essentially finding of fact which is not shown to be perverse is any manner. - Decided against assessee. Appeal admitted on the substantial question of law at no.3 - Whether in the facts and circumstances of the case, and in law, the Tribunal is justified in sustaining the dis-allowance of interest under Section 40A(2)(b) of the Act ?”
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