DULERAI R. MEHTA Vs. COMMISSIONER OF WEALTH

JUDGEMENT

(1.) These appeals are filed against the decision of the High Court of Gujarat answering the questions referred to it under Sec. 27 of the Wealth-tax Act, 1957 against the assessee following its decision dated Dec. 21, 1972 in the Commissioner of Wealth-tax, Gujarat-l, Ahmedabad Vs. Ahmed Ibrahim Sahigara Dhoraji in Wealth-tax Reference No. 2 of 1969. The appeals filed against the said decision before this Court have been allowed and the judgment of the High Court is reversed in Ahmed Ibrahim Sahigara Dhoraji v The Commissioner of Wealth-tax, Gujarat (Civil Appeals Nos. 1217-1222 of 1973) which are disposed of today by a separate judgment. Consequently the above appeals are allowed, the judgment of the High Court is set aside and the questions referred under Sec. 27 of the Wealth-tax Act, 1957 are answered in favour of the appellant-assessee.

(2.) There will be no order as to costs.