No appeal against ITAT order to be entertained in absence of substantial question of law

PCIT Vs. Bell Ceramics Ltd. (Gujarat High Court) Conclusion: Since the findings recorded by ITAT being findings of fact, the appeal could not be entertained in absence of any substantial question of law being involved in the same, therefore, appeal of authority was dismissed. Held: AO after considering the value of the raw material consumed as per the annual report and the difference between the consumption of raw material as per the return and as per the working submitted in the assessment proceedings as also taking into considering all possible wastage, held that the discrepancy in respect o...