GHEWARCHAND KEWALCHAND Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) THIS is a reference under Section 66(2) of the Indian Income-tax Act, 1922. The questions are:

(2.) THE assessment years are 1959-60 and 1960-61, the relevant previous years being the years ending Diwali 1958 and 1959 respectively.

(3.) IN consequence of this, the newly formed firm, M/s. Ghewarchand Kewalchand, by, an application dated June 26, 1958, under Section 26A of the INdian INcome-tax Act, 1922, applied for registration of the firm for the year 1959-60 and for continuance of the registration for the year 1960-61.