TMI Blog1970 (9) TMI 23X X X X Extracts X X X X X X X X Extracts X X X X ..... Judge(s) : V. G. OAK., H. N. SETH. JUDGMENT The judgment of the court was delivered by V. G. OAK C.J. -This is a reference under section 66 of the Indian Income-tax Act, 1922. The assessee is a registered firm. Its main business is of forest contracts. The assessment year was 1957-58; the accounting period was from October 26, 1955, to October 13, 1956. The Income-tax Officer did not accep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 000 represents income from an undisclosed source for the assessment year 1956-57. The Tribunal accepted the assessee's contention, and held that the Appellate Assistant Commissioner was not competent to give a finding that the sum of Rs. 1,00,000 was assessable in the year 1956-57. At the instance of the Commissioner of Income-tax, U.P., the Appellate Tribunal, Allahabad, has referred the follow ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the Appellate Assistant Commissioner under section 31 was strictly confined to the assessment order of the particular year under appeal. In the present case the Appellate Assistant Commissioner was dealing with the propriety of the assessment for the assessment year 1957-58. He found that the sum of Rs. 1,00,000 did not relate to that year. That finding was sufficient to dispose of the item of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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