HC dismisses petition filed by CM Virbhadra Singh

The Himachal Pradesh High Court has dismissed Chief Minister Virbhadra Singh's petition challenging the orders to reopen the Income-Tax returns filed by him for assessment year 2012-13. After going through the records, the court said, the orders passed by the Income Tax Commissioner were legally correct.

10pt;">The I-T commissioner had, in his orders, said the agricultural income had dramatically increased in the revised return, which is an apparent attempt to justify the investments made in the purchase of insurance policies.The petition had challenged the I-T department on the ground that it has erred in issuing notice for reassessment on the basis of revised returns, whereas the agricultural income is non-taxable under Income Tax Act.