COMMISSIONER OF WEALTH TAX Vs. RAJENDRA KUMAR

JUDGEMENT

(1.) THIS is a reference under Section 27(1) of the Wealth-tax Act, 1957, at the instance of the Commissioner of Wealth-tax, to answer the following question of law, namely :

(2.) THE relevant assessment years are 1962-63, 1963-64, 1966-67, 1967-68, 1968-69, 1969-70, 1970-71, 1971-72, 1972-73, 1973-74, 1974-75 and 1977-78. In respect of the same assessee, the same question was referred to this court for its decision relating to the assessment years 1964-65 and 1965-66. THE decision therein is CWT v. Moti Chand Khajanchi [1988] 171 ITR 289.