https://www.taxtmi.com/caselaws?id=166288 The Court of the Judicial Commissioner ruled in favor of the appellant, holding that the return was valid under the Indian Income-tax Act, 1922. The appellant's argument that the Income-tax Officer should have assessed under Section 23(4) was rejected, affirming the Assistant Commissioner's jurisdiction to impose the penalty. The Privy Council dismissed the appeal, upholding the penalty order and directing the appellant to pay appeal costs. en-us Tue, 17 Jun 1947 00:00:00 +0530 Wed, 17 Sep 2014 08:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166288 The Court of the Judicial Commissioner ruled in favor of the appellant, holding that the return was valid under the Indian Income-tax Act, 1922. The appellant's argument that the Income-tax Officer should have assessed under Section 23(4) was rejected, affirming the Assistant Commissioner's jurisdiction to impose the penalty. The Privy Council dismissed the appeal, upholding the penalty order and directing the appellant to pay appeal costs. Case-Laws Income Tax Tue, 17 Jun 1947 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166288