1995 (8) TMI 54

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....tioner and perused the impugned order dated March 13, 1995, annexure-P-8, passed by the Assistant Commissioner of Gift-tax, Central Circle III, Ludhiana. We have also perused the return filed on behalf of the respondents. The Assistant Commissioner of Income-tax, Central Circle II, Ludhiana, after applying his mind, vide his order, annexure-A, has come to the conclusion that the existing shareh....

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....record and other evidence. Mr. Gupta, learned senior counsel, however, urged that in the present writ petition no disputed questions of fact arise and the issues, which he has raised in the writ petition, can be disposed of with reference to the provisions of the Gift-tax Act, company law and the various decisions of the Supreme Court and other High Courts. He tried to show some of the judicial....