COMMISSIONER OF INCOME TAX Vs. KANODIA D P

JUDGEMENT

(1.) UNDER Section 256(1) of the Income-tax Act, 1061, the Tribunal has stated the following question at the instance of Revenue :

(2.) AT the instance of the assessee, the Tribunal has referred another question which reads :

(3.) THE assessee filed his returns of income for the assessment years 1958-59 to 1970-71 declaring his share income from M/s. Sadiram Ganga Prasad, a partnership, as belonging to his smaller Hindu undivided family, i.e., the Hindu undivided family comprising himself, his wife and children. This was accepted and assessments were made accordingly.