1986 (12) TMI 95

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....ncestral properties and all the properties, cash etc. held by the Karta were his self-acquired properties and he had been assessed as individual right from the year 1951-52. He was proprietor of the business till year 1964-65 and in 1965-66, the firm was formed by him along with his son. The money stated to have been the source of the present income was received by the assessee in pursuance of Wil....

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.... appeal lay against a protective assessment and the matter was restored back to the AAC for fresh decision. To my mind this order is wholly erroneous in law and overlooks the clear provisions of s. 246 of the IT Act. The only provision purporting to permit an appeal against an order of assessment is cl. (c) of s. 246(1), according to which an appeal lies only when an order is passed against the as....