BALCHAND vs INCOME-TAX OFFICER, SAGAR — 1971 PTD 826

Citation: 1971 PTD 826

Court: Supreme Court of India

Year: 1968

Decision Date: 1968-08-19

Parties: BALCHAND vs INCOME-TAX OFFICER, SAGAR

Headnotes

Case cited as 1971 PTD 826

Judgment Text

Court Name: Supreme Court of India Judge(s): V. Ramaswa mi, J. C. Shah Title: BALCHAND vs INCOME-TAX OFFICER, SAGAR Case No.: Civil Appeal No. 640 of 1966 Date of Judgment:1968-08-19 Reported As: 1971 PTD 826 Result: Appeal dismissed JUDGMENT JUDGMENT SHAH, J.-----The Income-tax Officer, Sagar, assessed the appellant to pay under section 23(3) of the Income-tax Act, 1922, tax on his income computed for the assessment years 1945-46 and 1946- 47. On June 24, 1959, the Income-tax Officer issued a notice of re-assessment under section 34 of the Income-tax Act, 1922, reciting that the income of the appellant had escaped assessment and requiring the appellant to submit a return of his total world income assessable for the year ending March 31, 1946. On August 17, 1959, the appellant filed a return for the assessment of his income for the year 1946-47. The appellant was informed by the Income-tax Officer that he was called upon to submit a return of his income for the assessment year 1945-46 and not for the assessment year 1946-47. The appellant on March 22, 1960, filed a fresh return for the assessment year 1945-46, admitting that he had "misunderstood the notice" served upon him, In his return he admitted that he had a third share in a firm styled "Sheoprasad Shobharam". On March 14, 1963, the Income-tax Officer issued another notice under section 148 of the Income-tax Act, 1961, calling upon the appellant to submit a return of his income for the assessment year 1946-47 on the…

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