Dismissing the appeal the Court held that the finding of the Commissioner (Appeals) was also affirmed by the Tribunal, based on the evidence adduced before it. Such well considered findings of the appellate authorities did not warrant any interference at the hands of the High Court. The order of assessment was valid. (AY. 2014-15)
Ankit Ispat Pvt. Ltd. v. ACIT (OSD) (2022) 446 ITR 157 / 288 Taxman 102 (Mad.)(HC)
S. 143(3): Assessment-Estimation of gross profit-Question of fact-Appeal is not maintainable. [S. 260A]