COMMISSIONER OF WEALTH TAX Vs. PARAMHANS ASHRAM TRUST

JUDGEMENT

(1.) ON an application under S. 27(1) of the WT Act, the Tribunal has referred the following questions for the opinion of this Court.

(2.) AT the outset learned counsel for the assessee submits that identical issue has been considered by this Court in the case of this very assessee that assessee is a public charitable and religious trust, therefore, is entitled for exemption under S. 5(1)(i) of the WT Act.