COMMISSIONER OF INCOME TAX Vs. GANAPATRAI SAGARMAL

JUDGEMENT

(1.) The Tribunal has referred the following question of law to this court under Section 256(1) of the Income-tax Act, 1961 :

(2.) This reference relates to the assessment years 1973-74 and 1974-75.

(3.) The dispute in this reference is whether the income derived from the property of Ganapatrai Sagarmull Charitable Trust should be assessed in the hands of the assessee or Ganapatrai Sagarmull Charitable Trust.