1940 (9) TMI 24 - HC - Income Tax

Summary

The applicant was assessed for tax on a total income of Rs. 32,850, including a sum of Rs. 17,051 received from a lady named Mst. Ram Pyari. The Income-tax authorities concluded that the amount represented the applicant's profits, leading to the dismissal of the applicant's appeal. The court found the decision to be correct, stating that the issue was a question of fact, not law. The application under Section 66(3) was dismissed with costs.