LAWS(APH)-1966-9-44

HANUMANTHA RAO A Vs. COMMISSIONER OF WEALTH TAX

Decided On September 14, 1966
A. HANUMANTHA RAO Appellant
V/S
COMMISSIONER OF WEALTH-TAX, ANDHRA PRADESH. Respondents

JUDGEMENT

(1.) THE Income-tax Tribunal has referred the following questions under section 27(1) of the Wealth-tax Act, 1957, for the opinion of this court :

(2.) THE answer to the first question in our view admits of no doubt, and the Tribunal is clearly wrong in holding as follows :