COMMNR. OF INCOME TAX, SURAT vs M/S. ABHISHEK CORPORATION — C.A. No. 8176/2001

Case Summary: Commissioner of Income Tax, Surat v. M/S. Abhishek Corporation Outcome: The Supreme Court allowed the Commissioner's civil appeal on 29 November 2001. The Court set aside the High Court's order declining to refer a specific question, and instead referred the question to the High Court for reconsideration. The referral question concerns whether the assessing officer bears the onus to prove that unaccounted receipts of Rs. 1,58,59,400 were invested by the assessee, when the assessee's claim for extra expenditure was found incorrect. Next Steps: The Income Tax Appellate Tribunal was directed to draw up an appropriate Statement of Case for the High Court's consideration. No order as to costs. This case analysis is maintained by casestatus.in based on publicly available court records.