9911796707
TMI Blog1986 (8) TMI 52X X X X Extracts X X X X X X X X Extracts X X X X ..... the Income-tax Act, 1961 (hereinafter referred to as "the Act"). The material facts giving rise to this application, briefly, are as follows The petitioner is a firm registered under the Partnership Act and under the Income-tax Act for the relevant assessment year 1974-75, for which the accounting year ended on Diwali, 1973. In respect of the assessment year in question, the petitioner filed i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... remanded the matter to the Income-tax Officer with a direction to examine whether the appellant was entitled to immunity under the Voluntary Disclosure of Income and Wealth Ordinance, 1975. After the remand, the Income-tax Officer held that since the disclosure of income was in respect of the four assessment years 1972-73 to 1975-76, the petitioner was entitled to immunity in the assessment year ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ining to the assessment years 1972-73 to 1975-76 against the addition to the income for the assessment year 1974-75 ? (2) Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in dividing the disclosed income of Rs. 31,600 into four equal parts and considering each part as the income disclosed in respect of a particular assessment year ?" We accordingly ..... X X X X Extracts X X X X X X X X Extracts X X X X
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