COMMISSIONER OF WEALTH TAX Vs. MANNALAL SURANA

JUDGEMENT

(1.) THIS is a consolidated reference under Section 27(1) of the Wealth-tax Act, 1957, at the instance of the Revenue to answer a common question of law arising out of the Tribunal's order in respect of two different assessees and for different periods. The questions as framed in the common statement of case are as under :

(2.) IN respect of RA Nos. 142 to 144/JP/1978-79 :