| Case ID |
d1efe1f6-7e70-481c-b0f8-0a4c22d70175 |
| Body |
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| Case Number |
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| Decision Date |
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| Hearing Date |
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| Decision |
The court determined that a question of law arose from the order of the Income-tax Appellate Tribunal regarding the taxation of the value of ornaments found during a search by Customs Authorities. The Tribunal had previously held that the assessee was liable to be taxed on this value, but the reference application under section 256(1) was rejected. The court directed the Tribunal to state the specific question for this court's opinion under section 256(2) of the Income-tax Act, 1961, emphasizing the need for clarity regarding the evidence supporting the Tribunal's finding. |
| Summary |
In the case of Dharam Dutt Arya v. Commissioner of Income Tax, the Allahabad High Court examined the applicability of sections 4 and 256 of the Income-tax Act, 1961. The Tribunal had found the petitioner liable for taxation based on the value of ornaments seized during a Customs search. The court's ruling focused on whether there was sufficient evidence to support the Tribunal's conclusions. This case highlights the judicial process in tax law and the importance of substantiating claims with adequate evidence. It serves as a crucial reference for tax practitioners and advocates dealing with similar issues, stressing the need for clear documentation and understanding of tax liabilities. The court's decision reiterates the significance of procedural adherence in tax assessments, especially when involving assets discovered through official investigations. Legal professionals should take note of the implications this case has on future tax-related disputes, ensuring that they provide comprehensive evidence to support their clients' positions in similar cases. |
| Court |
Allahabad High Court
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| Entities Involved |
Not available
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| Judges |
B.P. Jeevan Reddy, CJ,
R.K. Gulati, J.
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| Lawyers |
Not available
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| Petitioners |
Dharam Dutt Arya
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| Respondents |
Commissioner of Income Tax
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| Citations |
1991 SLD 1823,
(1991) 190 ITR 350
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| Other Citations |
Not available
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| Laws Involved |
Income-tax Act, 1961
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| Sections |
4,
256
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