2018 (12) TMI 414 - SCH - Income Tax

Rejection of books of accounts - Addition of unaccounted sales - material found during the survey proceedings showed that the books of accounts were not correctly maintained and that therefore, there was no error in rejection of the assessee s books of accounts - Held that - SLP dismissed.

Summary

Title: Supreme Court dismisses special leave petition

Judges: HON'BLE MR. JUSTICE ABHAY MANOHAR SAPRE and HON'BLE MS. JUSTICE INDU MALHOTRA

Petitioner's counsel: Mr.D.N.Ray, Mr.Lokesh K. Choudhary, Mr.Dilip Kumar Nayak, Ms.Disha Ray, Mrs.Sumita Ray

Respondent's counsel: Mr.K.Radhakrishnan, Mr.Arijit Prasad, Mrs.Gargi Khanna, Mrs.Anil Katiyar

Decision: Special leave petition dismissed, pending applications disposed of.