1970 (4) TMI 2

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..... be highly capricious - Revenue's appeal dismissed - - - - - Dated:- 20-4-1970 - Judge(s) : A. N. GROVER., J. C. SHAH. and K. S. HEGDE. JUDGMENT The judgment of the court was delivered by HEGDE J.-- These appeals by certificate arise from the decision given by the High Court of Calcutta in five references made by the Income-tax Appellate Tribunal, Bench " B ", Calcutta, under sectio .....

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..... ppellate Assistant Commissioner after going through the notes prepared by the Income-tax Officer found that in his investigation, the Income-tax Officer had found that one of the items of interest received by the assessee during the accounting year relating to the assessment year 1953-54 had not been brought to account and another entry relating to the receipt of income during that year was not co .....

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..... nal, it was justified in holding that the Income-tax Officer had rightly added an income of Rs. 18,050 in the assessment year 1953-54, Rs. 21,536 in the assessment year 1954-55, Rs. 18,321 in the assessment year 1955-56 and Rs. 17,951 in the assessment year 1956-57 and Rs. 20,547 in the assessment year 1957-58. We are in agreement with the High Court that on the facts found by the Tribunal, it .....

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