1994 (3) TMI 27

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....estions of law were referred to this court for our opinion in the above two cases : "1. Whether, on the facts and in the circumstances of the case, the Tribunal is correct in law in holding that share income of the assessee from the firm of Messrs. M. V. R. Kuantan, Malaysia, cannot be included in the assessment of the assessee? 2. Whether, on the facts and in the circumstances of the case, ....

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....T v. VR. S. R. M. Firm [1994] 208 ITR 400 (Mad), we answer question No. 1 in the affirmative holding that the Tribunal is correct in law in holding that the share income of the assessee from the firm of Messrs. M. V. R. Kuantan, Malaysia, cannot be included in the assessment of the assessee. As for question No. 2, we answer the same in the affirmative holding that the Tribunal was right in holding....