Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1969 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1969 (6) TMI 20 - CALCUTTA HIGH COURTWhether the Tribunal was justified in holding that the amount of Rs. 2 lakhs had been remitted to the taxable territories by the assessee during the accounting year out of his accrued profits of earlier years - assessee stays for more than 365 days in the four preceding previous years and for two months in the relevant previous year - burden of proving that the visit for two months in the latest previous year is only occasional or casual is on the assessee - onus being on the assessee to establish that the remittances were out of capital, the Tribunal was justified in holding that the conditions of section 4(1)(b)(iii) of the Income-tax Act have been complied
|