COMMISSIONER OF WEALTH TAX Vs. AKSHAY KUMAR SANGHI

JUDGEMENT

(1.) THESE are 4 applications under Section 27(3) of the Wealth-tax Act directing the Income-tax Appellate Tribunal, Jaipur Bench, Jaipur, to state the case and refer the questions of law arising out of the Tribunal's order dated April 13, 1977, passed in wealth-tax appeals in respect of the assessment years 1968-69, 1969-70, 1970-71 and 1971-72.

(2.) WE may state here the brief facts giving rise to the present applications.

(3.) WE have heard Mr. B.R. Arora, learned counsel for the petitioner, and Mr. C.R. Mehta, learned counsel for the respondent-assessee.