COMMISSIONER OF WELTH TAX Vs. SITA RAM JINDAL

JUDGEMENT

(1.) Four questions were before the High Court in a reference under section 127 of the Wealth Tax Act at the instance of the Revenue. They read thus :

(2.) This Court in the case of Bharat Hari singhania v. Commissioner of Wealth Tax (1994) 207 ITR 1 : (1994 AIR SCW 1995 :

(3.) The appeals are allowed. The order under appeal is set aside.