TMI Blog1942 (5) TMI 3X X X X Extracts X X X X X X X X Extracts X X X X ..... hat the Commissioner of Income-tax, Bombay Presidency, Sind and Baluchistan, may be required to state a case and refer the questions of law arising therefrom to this Court. The questions of law which were propounded by the applicant to the Commissioner under Section 66(2) of the Act are contained at page 25 of the paper book and are five in number. But reading them as we have with the assistanc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndia worth nearly ₹ 22,000, his statement of the amount of remittances received from Java was not accepted and the figure of remittances received by him for that year was taken for the purpose of taxation at ₹ 10,500. In the year 1936-37 he was taxed on remittances received from Java amounting to ₹ 8,500. In this return for the year 1937-38 the assessee showed no remittances rece ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ome- tax authorities. But it is plain from the admitted facts of receipts of remittances, not only during the income-tax year 1936-37 immediately following the closure of the shop, but also in the succeeding year that, even if, to follow the well known metaphor used by the learned Advocate, the tree had died the fruits thereof have remained in cold storage, or the timber is still available to prod ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt. It is not one of the five points on page 25 of the paper book that the Income-tax Officer and the Assistant Commissioner were wrong in holding that this amount was a receipt of capital and not a receipt of income; but the learned Advocate when asked to explain what points of law exist upon which a reference could be made suggested that one of them was, whether the assessee had not rebutted the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , as was only natural in view of the previous history, that it was remittance from Java. There was in fact no obligation upon the Income-tax Officer or the Assistant Commissioner to trace with meticulous accuracy a remittance, found proved to have been received, to its precise source. We think therefore there is no substance in this present reference to us and it must be dismissed. The applican ..... X X X X Extracts X X X X X X X X Extracts X X X X
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