https://www.taxtmi.com/caselaws?id=179966 Where an assessee's accounting method does not disclose the true income of the relevant period, the revenue may invoke the proviso to section 13 of the Income-tax Act, 1922 and compute income on a basis that correctly reflects taxable profits. On the facts stated, commission credited in the mills' accounts but not entered in the assessee's books was rightly brought to tax because it was ascertainable and available without real impediment to corresponding entries. The document also states that commission on sales effected in the Indian States accrued and arose in British India, applying an earlier Supreme Court principle, and was therefore assessable there. The reference was answered for the Revenue. en-us Fri, 18 Jul 1958 00:00:00 +0530 Mon, 14 Mar 2016 12:15:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179966 Where an assessee's accounting method does not disclose the true income of the relevant period, the revenue may invoke the proviso to section 13 of the Income-tax Act, 1922 and compute income on a basis that correctly reflects taxable profits. On the facts stated, commission credited in the mills' accounts but not entered in the assessee's books was rightly brought to tax because it was ascertainable and available without real impediment to corresponding entries. The document also states that commission on sales effected in the Indian States accrued and arose in British India, applying an earlier Supreme Court principle, and was therefore assessable there. The reference was answered for the Revenue. Case-Laws Income Tax Fri, 18 Jul 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179966