1961 (11) TMI 73

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.... This is a writ petition under article 226 of the Constitution. The prayer contained in the petition is that two notices dated September 7, 1959, issued under section 34 of the Income-tax Act in respect of the assessment years 1948-49 and 1949-50 be quashed by issuing a writ of certiorari. There is a further prayer that a writ of prohibition may be issued restraining the Income-tax Officer f....

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....s of money were found entered in the account books of the petitioner. There were three other sums of money and with regard to them the Tribunal held that even though thy came into the books of the petitioner through one of the partners, Laxmi Narain, there was nothing on the record to connect these deposits with the "affairs of the assessee firm". The Tribunal went on to observe that if an enqu....

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....realities to the very year in which the question arose and in regard to which the order sought to be relied upon was passed by the appellate authority. It follows that so far as the facts of this particular case are concerned that "finding", if any, in respect of the first two sums of monies amounting to Rs. 15,000 each was not in respect of the year 1949-50 which was the assessment year in respec....