"December, 1948" Archive

Income estimate by applying a flat rate can be fair if AO exercises his judgment reasonably and not arbitrarily

Commissioner Of Income-Tax Vs S. Sen And Others. (Orissa High Court,)

CIT v. S Sen & Others (Orissa High Court) 17 ITR 355 (Orissa) The proceeding arises out of two application consolidated because of the facts being identical, by the Commissioner of Income-tax/Excess profits Tax, Bihar and Orissa, under Section 66(1) of the Income-tax Act read with Section 21 of the Excess profits tax Act for the stating ...

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