Supreme Court · 1960 INSC 191 · Decided 1 November 1960
Calcutta Discount Company Limited v. Income-Tax Officer, Companies District, I and ANOTHER.
- Court
- Supreme Court of India
- Citation
- 1960 INSC 191 · [1961] 2 S.C.R. 241
- Case number
- CIVIL APPEAL No. 197/1954
- Decided
- 1 November 1960
- Bench
- S.K. DAS, M. HIDAYATULLAH, K.C. DAS GUPTA, J.C. SHAH, N. RAJAGOPALA AYYANGAR (5-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226; Income Tax Act Section 23(3), 24(1), 34(1)(a)
Headnote
SUPREME COURT REPORTS 241 CALCUTTA DISCOUNT COMPANY LIMITED v. INCOME-TAX OFFICER, COMPANIES DISTRICT, I AND ANOTHER. (S. K. Das, M. HrnAYATULLAH, K. C. DAs GUPTA, J.C. SHAH and N. RAJAGOPALA AYYANGAR, JJ.) Income-tax-Income escaping assessment-Non-disclosure of material facts by assessee-" to income tax for the assessment years 1942-43, 1943-44 and 1944-45 by three separate orders dated January 26, 1944, February 12, 1944, and February 15, 1945, under s. 23(3) of the Indian Income Tax Act on returns filed by it with statements of account. On March 28, 1951, three notices under
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)