BISWANATH GOENKA Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) The question referred by the Tribunal is as under :

(2.) In the statement of case, the facts are stated as under :

(3.) It was urged by counsel for the assessee before the Tribunal that the Appellate Assistant Commissioner erred in taking a different assessment year for the assessee from that of the firm. According to him, the object of the provision of Section 3(1)(f) was to have the same assessment year both for a partner and the firm in respect of the same accounting period so that the share income of a partner allocated in one assessment year of the firm should fall in the same assessment of a partner.