https://www.taxtmi.com/caselaws?id=291560 A tax reference was held not to arise where the bad debt claim failed on the facts because the assessee did not produce the books or evidence called for, so no denial of opportunity or question of law was shown. The partnership profit share was treated as includible for rate purposes on the admitted facts, which rebutted any Hindu law presumption and showed the capital came from joint family funds. An earlier assessment on the same point did not operate as res judicata in later years; the matter could be reconsidered when fresh facts justified a different view. The petition to require a stated case therefore failed. en-us Wed, 26 Mar 1930 00:00:00 +0530 Tue, 17 Nov 2020 16:12:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291560 A tax reference was held not to arise where the bad debt claim failed on the facts because the assessee did not produce the books or evidence called for, so no denial of opportunity or question of law was shown. The partnership profit share was treated as includible for rate purposes on the admitted facts, which rebutted any Hindu law presumption and showed the capital came from joint family funds. An earlier assessment on the same point did not operate as res judicata in later years; the matter could be reconsidered when fresh facts justified a different view. The petition to require a stated case therefore failed. Case-Laws Income Tax Wed, 26 Mar 1930 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291560