COMMISSIONER OF WEALTH TAX Vs. SURRENDRA PAUL

JUDGEMENT

(1.) THIS consolidt. reference arises out of wealth-tax assessments of Surendra Paul, the assessee, for the assessment years 1960-61 to 1972-73, the relevant valuation dates being 31st March of the calendar years 1960 to 1972. On an application of the Revenue under s. 27(1) of the WT Act, 1957, the Tribunal has referred the following questions as questions of law arising out of its order for the opinion of this Court: Assessment years 1960-61 to 1972-73

(2.) ASSESSMENT years 1960-61 to 1965-66 :

(3.) SO far as the common question referred for the asst. yrs. 1960-61 to 1965-66 is concerned, the controversy raised therein is covered by a decision of this Court in CWT vs. V. K. Manseta (1983) 143 ITR 205. Following the said decision, we answer the question in the affirmative and in favour of the assessee.