COMMISSIONER OF INCOME-TAX, U. P vs RAM ACHAL RAM SEWAK, AKBARPUR — 1972 PTD 500

Citation: 1972 PTD 500

Court: Allahabad High Court

Year: 1968

Decision Date: 1968-12-10

Parties: COMMISSIONER OF INCOME-TAX, U. P vs RAM ACHAL RAM SEWAK, AKBARPUR

Headnotes

Case cited as 1972 PTD 500

Judgment Text

Court Name: Allahabad High Court Judge(s): V. G. Oak, T. P. Mukherjee Title: COMMISSIONER OF INCOME-TAX, U. P vs RAM ACHAL RAM SEWAK, AKBARPUR Case No.: Income-tax Applications Nos. 377, 378 and 379 of 1968 Date of Judgment:1968-12-10 Reported As: 1972 PTD 500 Result: N/A JUDGMENT JUDGMENT V. G. OAK, C. J.---These are three connected application: under section 256(2) of the Income-tax Act, 1961. Messrs Rangy Achal Ram Sewak, Akbarpur, are the assessee. The Income --tax Officer, Faizabad, noticed that the assessee had made deposits in a number of banks from the years 1959- 60 to the year 1965-66. These deposits were treated by the Income-tax Officer as the assessee's income from undisclosed source. Assessment was made accordingly. The decision was upheld in appeal by the Appellate Assistant Commissioner. The assessee, filed a number of appeals against the various assessm ent orders, The connected appeals were disposed of by the Income-tax Appellate Tribunal, Allahabad, by a consolidated judgment, dated April 13, 1967. The appeals were allowed with respect to assessm ent years 1959-60 and 1961-62. It was held that the deposits appearing for the two assessm ent years could be explain, ed by the additional income assessed during the previous years. The appeal was partly allowed as regards the assessment year 1962-63. The Commissioner of Income-tax, U. P., maintained that no such set-off was permissible in law. He applied for a reference to the Court. The application was…

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