Supreme Court · 1980 INSC 82 · Decided 15 April 1980
Anantharam Veerasingaiah & CO. v. Commissioner of Income Tax, A.P.
- Court
- Supreme Court of India
- Citation
- 1980 INSC 82 · [1980] 3 S.C.R. 618
- Case number
- CIVIL APPEAL No. 2592/1972
- Decided
- 15 April 1980
- Bench
- N.L. UNTWALIA, R.S. PATHAK, E.S. VENKATARAMIAH (3-judge bench)
- Outcome
- Remitted to Lower Court
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 271(1)(c), 27l(l)(c)
Headnote
c D E II' G H Income Tax Act, 1961, Section 271(1)(c), scope of Penalty Proceedings irt quasi judicial and Burden of proof is on Revenue-Secret Profits or undisclosed income and their actual availability for application by the ass.esSfe-Power of the High Court in a Tax Reference case, explained. contractor. It -filed a return of its in­ come for the assessm1e-nt year 1959-60, disclosing a total turnover of Rs. 10,92,132/- and an income of Rs. 7,704/-. The Income Tax Officer did not accept the correctness of the return. He found that on 12th December, l95'i and 16th January, 1958
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)