LAWS(BOM)-1993-12-13

COMMISSIONER OF INCOME TAX Vs. APOSTOLOS RAPTAKOS TRUST

Decided On December 10, 1993
COMMISSIONER OF INCOME TAX Appellant
V/S
APOSTOLOS RAPTAKOS TRUST Respondents

JUDGEMENT

(1.) THE Tribunal has referred the following question to this Court for its opinion under s. 256(1) of the IT Act, 1961 (`the Act'):--

(2.) THE relevant facts are summarised hereunder.

(3.) SEC. 11(1)(a) reads as under:--