LAWS(SC)-2000-10-4

JAGATRAM AHUJA Vs. COMMISSIONER OF GIFT TAX HYDERABAD

Decided On October 17, 2000
JAGATRAM AHUJA Appellant
V/S
COMMISSIONER OF GIFT-TAX, ANDHRA PRADESH, HYDERABAD Respondents

JUDGEMENT

(1.) This appeal is by the assessee against the judgment and order dated 25-4-1988 passed by the Division Bench of the High Court of Andhra Pradesh. It relates to the assessment year 1972-73.

(2.) The High Court by the impugned judgment answered the said question in negative and against the assessee.

(3.) Briefly stated, the facts leading to the filing of this appeal are as follows.