Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1972 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1972 (11) TMI 20 - RAJASTHAN HIGH COURTExtract: .......he Income-tax Act, 1961, clearly applies and the Tribunal was right in law in deleting the cash credit of Rs. 20,000 in the books of account of the assessee on April 7, 1961, from the total income of the assessment year 1962-63. The reference is answered against the department but in the circumstances of the case there will be no order as to costs.
|