2016 (12) TMI 104 - SCH - Income Tax

Unaccounted sales - variation in stock at the time of search - HC held there is no dispute with regard to the seizure of documents and the assessee as well as the Chartered Accountant were given sufficient opportunity to substantiate their claim but they miserably failed justify their stand. 2015 (7) TMI 1167 - KARNATAKA HIGH COURT - Held that - There is a delay of 323 days in filing these Special Leave Petitions and we do not find any justifiable reason to condone this huge delay. The Special Leave Petitions are, accordingly, dismissed on the ground of delay.