1983 (10) TMI 37

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.....-This reference under s. 256(1) of the I.T. Act, 1961 (hereinafter referred to as " the Act at the instance of the Department raises the following question? Whether, on the facts and circumstances of the case, the Tribunal was legally right in holding that the assessee discharged the onus that lay upon it to prove satisfactorily the source for the sum of Rs. 30,000 and in deleting the addition....

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....) of s. 24 of the Act by virtue of which the amount declared by the declarant was to be charged to income-tax, " as if such amount were the total income of the declarant " was limited in its scope and it cannot be invoked in assessment proceedings relating to any person other than the person making the declaration under the Act so as to rule out the applicability of s. 68 of the Act. There was no ....