2001 (4) TMI 20

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....r>Dated:- 26-4-2001<br>- - -<br>Income Tax<br>Judge(s)&nbsp; : R. JAYASIMHA BABU., K. GNANAPRAKASAM. JUDGMENT The judgment of the court was delivered by R. JAYASIMHA BABU J.-In the light of t....

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....uestion referred to us as to whether the Tribunal was right in holding that there was no gift from the partner who agreed to take over the running business consequent on the dissolution of the firm an....