COMMISSIONER OF WEALTH TAX Vs. RIDHKARAN

JUDGEMENT

(1.) THE Income-tax Appellate Tribunal, Delhi Bench "A", has referred the following question of law under Section 27(1) of the Wealth-tax Act to this court:

(2.) THIS reference arises out of wealth-tax assessment for the year 1957-58 under Section 16(3) of the Wealth-tax Act (hereinafter referred to as " the Act "). The Wealth-tax Act, 1957, came into force from the first day of April, 1957.

(3.) COMMISSIONER of Income-tax v. Swaminathun Chettiar :