https://www.taxtmi.com/caselaws?id=38048 The High Court upheld the Tribunal's decision, affirming the Income Tax Officer's discretion to consider or disregard findings from earlier assessment years when determining the source of deposits in the current assessment year. The court emphasized the importance of evaluating each case based on its unique circumstances and not blindly following previous assessment orders. The court did not address the issue of whether there was enough material to support the Tribunal's finding on the specific amount as the assessee's income from undisclosed sources, as the assessee's counsel did not pursue this question during the proceedings. en-us Thu, 20 Nov 1975 00:00:00 +0530 Fri, 02 Apr 2010 17:25:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38048 The High Court upheld the Tribunal's decision, affirming the Income Tax Officer's discretion to consider or disregard findings from earlier assessment years when determining the source of deposits in the current assessment year. The court emphasized the importance of evaluating each case based on its unique circumstances and not blindly following previous assessment orders. The court did not address the issue of whether there was enough material to support the Tribunal's finding on the specific amount as the assessee's income from undisclosed sources, as the assessee's counsel did not pursue this question during the proceedings. Case-Laws Income Tax Thu, 20 Nov 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38048