(1.) AT the instance of the Commissioner of Income-tax, the Income-tax Appellate Tribunal, Jaipur Bench, Jaipur ("the Tribunal" herein), has referred the following questions for the opinion of this court:
(2.) THESE questions are said to arise out of the order dated June 28, 1979, passed in I.T.A. No. 418/JP/1977-78 by the Tribunal. The assessment year involved is 1973-74. Shri Ramdeoji was the local Ruler of the area which is part of Jodhpur and Jaisalmer Districts of Western desert area of Rajasthan. He was a very pious person. The events during his life Considerably influenced him. Having led a very eventful life, he (Shri Ramdeoji) announced that he would go into meditation and never come back out of it. It is said that on the 11th day of Preduman of Bhadrapad, 1515, he Went into meditation and never came back out of it. Before going into meditation, Shri Ramdeoji gave the following directions to his sons and descendants:
(3.) WE have heard Mr. B.R. Arora, learned counsel for the Revenue, and Mr. Rajesh Balia assisted N.L. Bissa and carefully considered the order dated September 13, 1976, of the Income-tax Officer, order dated March 31, 1977, of the Appellate Assistant Commissioner and the order dated June 28, 1979, of the Tribunal.