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2017 (12) TMI 310 - HC - Income TaxAddition u/s 69C - books of account seized during the search - rejection of books of accounts - Held that:- The amounts in question have been found to be entered in the regular books of account of the assessee. Therefore, inquiry, if any, in respect of valuation of the building ‘Dhanranjni’ was permissible in the course of regular assessment proceedings. The findings recorded by the Tribunal, therefore, are in consonance with the principles propounded in the above referred decisions of this court. Consequently, it cannot be said that the impugned order of the Tribunal suffers from any legal infirmity giving rise to a question of law, much less a substantial question of law, warranting interference. The appeal, therefore, fails and is accordingly, summarily dismissed.
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