1926 (1) TMI 2

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..... eir income for the year 1922-23 and produced their accounts. The Income-tax Officer in an order of the 20th October, 1923, said that no regular accounts were produced and that it was doubtful whether those seen by the Inspector were genuine, and remarking that the business was prosperous and profitable he proceeded to give an estimate, not based on any evidence, of the sales and profits, as well a .....

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..... us points-eight in number-mentioned by the petitioners in their application to him. We think it is unnecessary to enumerate them or to discuss them in detail. The only real question for decision is whether after the petitioners had furnished a return of their income and had produced their accounts in compliance with a notice under section 22(4) of the Act, the Income-tax Officer, when not satisfie .....

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..... fficer, if he has reason to believe that the return made is incorrect or incomplete, to serve on the person who made the return a notice requiring him, on a date to be therein specified, either to attend at the Income-tax Officer's Office or to produce or to cause to be produced any evidence on which such person may rely in support of the return. In this case the Income-tax Officer did not ser .....

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