SUNDERLAL NANALAL HUF Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) AT the instance of the assessee, the Tribunal, Ahmedabad, has referred to us the following question for our opinion:

(2.) A few relevant facts need be stated in order to appreciate the question which has been referred to us.

(3.) THE assessee family, therefore, carried the matter in appeal before the AAC, Ahmedabad, who by his order of November 26, 1973, held that the claim made by the assessee was admissible in the light of the two decisions of the Supreme Court in Jugal Kishore Baldeo Sahai vs. CIT (1967) 63 ITR 238 (SC) and Jitmal Bhuramal vs. CIT (1962) 44 ITR 887 (SC). He, therefore, reduced the income of the family by Rs. 3,000.