2015 (5) TMI 554 - SCH - Income Tax

Unaccounted services rendered by brokers - Held that - Delay condoned. No legal and valid ground for interference. The appellant has not been able to discharge the burden and it is not impossible. It is a primary onus and which was to be discharged and which has been held as not discharged by providing the requisite details. We do not find that the reasons assigned by the High court 2015 (2) TMI 725 - BOMBAY HIGH COURT consistent with the material produced are vitiated by perversity or an error of law apparent on the face of the record - Decided against assessee.

Summary

Summary: The Supreme Court of India, in a judgment by Justices Ranjan Gogoi and Arun Mishra, dismissed a special leave petition after condoning a delay, as no legal grounds for interference were found.