1984 (2) TMI 25 - HC - Income Tax

Summary

The High Court Delhi held that the amount of Rs. 19,802 claimed by the assessee was not taxable income as it was not rightfully claimed. The Tribunal ruled that if the income never arose, it could not be taxed. The Department can rectify or vary the order if the same amount was allowed in a subsequent year. The court rejected the application for reference.