LAWS(CAL)-1997-7-15

SHREE KUMARI MUNDRA Vs. COMMISSIONER OF INCOME TAX

Decided On July 16, 1997
KUMARI MUNDRA Appellant
V/S
COMMISSIONER OF INCOME-TAX Respondents

JUDGEMENT

(1.) THE two questions which have been referred to us by reason of our order passed under Section 256(2) relate to the exemption which the lady assessee claimed in regard to the assessmnet year 1981-82 for sale of her personal effects.

(2.) IT is not in dispute that the personal effects were all silver utensils.

(3.) THE questions were as follows :