1960 (12) TMI 102 - HC - Income Tax

Summary

The High Court of Calcutta dismissed an application under section 66(2) of the Income Tax Act, stating that the questions raised were factual and not legal. The court emphasized that the opinion of the Income Tax Officer is now the primary deciding factor regarding the reasonableness of allowances, following an amendment to the Income Tax Act. The court found no evidence of capricious or unjudicial behavior by the Income Tax Officer and dismissed the application.