1996 (5) TMI 63

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.... This order will dispose of twelve Income-tax Cases Nos. 175 to 179 of 1993, 37, 38, 84, 96, 179, 181 and 182 of 1994 in which common questions of law and fact arise. Since arguments were addressed in Income-tax Case No. 176 of 1993, the facts are being taken from this case. These petitions have been filed by the Revenue under section 256(2) of the Income-tax Act, 1961, for a direction to the I....

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....tax Act in view of the fact that the assessee furnished inaccurate particulars of his income making claim under the heads 'Commission account' and 'Specimen account' which is not supported by the evidence ?" The assessee is a publisher and seller of books/guides. The Departmental authorities made some additions out of the amounts which the assessee had debited in its books under the heads "Comm....

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....ideration of the evidence took the view that the expenditure claimed by the assessee was reasonable under both the heads, i.e., "Commission account" and "Specimen account". In other words, the factum of expenditure having been incurred by the assessee had not been disputed by the Departmental authorities and the only dispute was with regard to the quantum of deductions claimed and allowed. The Ass....