2023 (8) TMI 773 - SCH - Income Tax

Accrual of income - reliance on documents seized in search - As decided by HC AO, FAA and ITAT having concurrently recorded findings of the fact against the assessee, the question of law framed in this appeal are answered in favour of the revenue - HELD THAT - The High Court was right in holding that no substantial question of law arose in the appeal. We are in conformity with the said view taken by the High Court. Hence, the special leave petitions stand dismissed.

Summary

The Supreme Court of India dismissed special leave petitions as no substantial question of law arose in the appeal. Delay was condoned and pending applications were disposed of.