1927 (7) TMI 5 - HC - Income Tax

Summary

The judgment discusses the burden of proof in determining income concealment by the applicant. The Income-tax Department must presume good faith of the assessee. The Commissioner's conclusions may be flawed due to misapplication of law. The case involves legal questions warranting a reference to the High Court. Pleader's fee of Rs. 50 awarded, and non-applicant to pay applicant's costs.