1998 (8) TMI 20

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....ribunal referred the following question for the opinion of this court : "Whether, on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that the share of the deceased coparcener, viz., Damodardas Agarwal, in the family properties cannot be excluded from the family's net wealth for the purpose of wealth-tax for the assessment years 1981-82 and 1982-83 ?" ....

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....erred an appeal to the Tribunal. The Tribunal, following the decision of the Supreme Court in Gurupad Khandapa Magdum v. Hirabai Khandappa Magdum [1981] 129 ITR 440, wherein it was held that notwithstanding the death of one of the coparceners, the remaining members of the family continue to hold the family properties together though the individual interest of the female members thereof in the fami....

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....lth of the Hindu undivided family as the entire property was with the joint family only". At the instance of the assessee, the question set out in the earlier paragraph was referred for the opinion of this court. Since the Tribunal has followed the judgment of the Supreme Court in Gurupad Khandappa Magdum's case [1981] 129 ITR 440, while holding that the widow of the deceased coparcener continu....