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MESSRS NATIONAL FOOD versus THE COMMISSIONER OF INCOME-TAX

Section 35 and 23 (3) of the Finance Act (XL of 1974), First Schedule, Part II (iv) Correction of error, Section 35 under the assertion of 10% waiver by the Assisi in respect of super tax in accordance with Section 4 Scope of Correction under (iv) Income Tax Officer of the First Schedule of Finance Act, 1970, allowed exemption to shareholders as he claimed to have earned income from the preparation, saving and canning of Essential Foods and As a result, he deserved it. The benefit of the said clause in the Income Tax Officer, the successor to the Income Tax Officer of the First Income Tax Officer, 1974, was that the order passed by his predecessor required modification because the spices were not mentioned in the Supply of Finance Act 1974 as food. can go. Therefore, after issuing a show cause notice to Assisi under section 35 of the Income Tax Act, 1922, he withdrew the waiver, which was initially allowed to proceed, later passed by the Income Tax Officer. The ordered order could not be issued. Transfer correctly top advocates from Thul lawyer