https://www.taxtmi.com/caselaws?id=190001 The High Court of Calcutta ruled in favor of the assessee in an income tax case for the assessment year 1974-75. The Court upheld the Tribunal's decision, stating that the Income-tax Officer was not justified in taxing a receipt of Rs. 21,866 under the deeming provisions of the Income-tax Act, 1961. en-us Fri, 15 Sep 1989 00:00:00 +0530 Tue, 31 Jan 2017 14:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190001 The High Court of Calcutta ruled in favor of the assessee in an income tax case for the assessment year 1974-75. The Court upheld the Tribunal's decision, stating that the Income-tax Officer was not justified in taxing a receipt of Rs. 21,866 under the deeming provisions of the Income-tax Act, 1961. Case-Laws Income Tax Fri, 15 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190001