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Commissioner Of Income-Tax, Madras vs M. Ganapathi Mudaliar on 27 April, 1964

It has further been held by the Hon'ble Supreme Court in CIT vs. M Ganpati Mudaliar [1964] 53 ITR 623 and A Govindrajulu Mudaliar vs. CIT [1958] 34 ITR 807 that "when the assessee has failed to prove satisfactorily the source and nature of the credit entry in his books and it is held that the relevant amount is income of the assessee, it is not necessary for the department to locate its exact source."
Bombay High Court Cites 3 - Cited by 72 - Full Document
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