2001 (8) TMI 43

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....plain words used in section 3(1)(f), as it stood, during the assessment years 1982-83 to 1984-85, have been misconstrued by the Tribunal by placing reliance on the decision of the Andhra Pradesh High Court in the case of CIT v. R.Y. Singara Mudaliar [1988] 172 ITR 608, which judgment did not anywhere refer to section 3(1)(f), though the decision rendered in that case supports the view of the Tribu....

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....irm and accounts of the firm for the year are finalised. This sub-clause does not deal with all the income of the assessee who happens to be a partner in a firm. It is only concerned with the assessee's share income in his capacity as a partner. In cases where the "previous year" followed by an assessee is different from the "previous year" followed by the firm in respect of the share in the in....

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....ew taken by the Kerala, Calcutta and Bombay High Courts. The judgment of the Kerala High Court is in the case of New Ambadi Estates Pvt. Ltd. v. CIT [1997] 228 ITR 141, that of the Calcutta High Court in the case of Biswanath Goenka v. CIT [1991] 189 ITR 687, and that of the Bombay High Court in the case of CIT v. McKenzie's Ltd. [1980] 121 ITR 458. The question referred to us is therefore answ....