- (1.) FOR the assessment year 1964-65, relevant to the accounting period ending on October 17, 1963, the assessee-firm filed the return of income on June 29, 1964. En the course of the assessment proceedings, the ITO noticed the following cash credits in the account books of the assessee. S. No. Name of the party 1. M/s. Mohandas Ghanshamdas, Majith Mandi, Amritsar
(2.) M/s. Brijlal Narinder Kumar, Tunda Talab, Amritsar
(3.) M/s. Tola Singh Sohan Singh, Majith Mandi, Amritsar;