LAWS(MAD)-1978-1-28

RAJYAM PICTURES Vs. ADDITIONAL COMMISSIONER OF INCOME TAX

Decided On January 30, 1978
RAJYAM PICTURES Appellant
V/S
ADDL. COMMISSIONER OF INCOME-TAX Respondents

JUDGEMENT

(1.) THE question referred to us for our opinion relating to the assessment years 1965-66 and 1966-67 is formulated thus :

(2.) AT the relevant time, Section 139(1) of the Income-tux Act, 1961, was in these terms: