COMMISSIONER OF INCOME TAX Vs. MANOHAR GLASS WORKS

JUDGEMENT

(1.) THE Income-tax Appellate Tribunal, Delhi Bench "D", Delhi, has referred the following questions under Section 256(2) of the Income-tax Act, 1961, for the opinion of this court :

(2.) BRIEFLY, the facts are that a partnership was formed under a partnership deed dated March 30, 1964, by three partners, namely, Suraj Bhan, Mahavir Prasad and Mahendra Kumar, having one-third share each, The business was being carried on by the partnership in the name and style : "Manohar Glass Works".

(3.) THE Income-tax Officer made a single assessment on the new firm.