Supreme Court · 1972 INSC 227 · Decided 19 September 1972
Commissioner of Income Tax, Bihar and Orissa, Patna v. S. P. Jain
- Court
- Supreme Court of India
- Citation
- 1972 INSC 227 · [1973] 2 S.C.R. 334
- Case number
- CIVIL APPEAL No. 320/1969
- Decided
- 19 September 1972
- Bench
- K.S. HEGDE, P. JAGANMOHAN REDDY, HANS RAJ KHANNA (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act
Headnote
Income rax--Tribunal-Findings >f fact-Circwnsrances justifying imerference. The Income Tax Officer included 'II sum of Rs. 10,80,000/- found in­ vested in shares in the name of R as rtie assessee's income from updis­ closed sources.. The income tax offic.er had· informed the asse he had reason to believe thnt R ms the assessee's benamidar. The assessce took no r-teps to produce R for examination by the Income Tax Officer. The source not having beetn explained the income tax officer assessed the sum as tho assessee's income from unoisc1osed sources. The Appellate
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)