1933 (7) TMI 23

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....al shop being at Bannu. Mathra Das apparently was the head of the family consisting of the sons and the grandsons, who owned the entire business though Mathra Das claims it to be his self-acquired property. On 13th August 1929, Mathra Das made a will in which he recited that in the month of May that year lie had given certain shops to his sons and other members of his family retaining only four it....

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....t under Section 66(2), Income Tax Act: (1) Whether the document made on 13th August 1929 does not evidence the disruption of the Hindu undivided family? (2) Whether Messrs. Mathra Das and Sons, Bannu, is not to be assessed only in respect of the income from the general merchandise shop at Bannu as was done for 1930-31 assessment? (3) Whether under the circumstances of the case, it is legal to asse....

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....d is pointed out to us establishing either the division of the property or the gift in question. The document therefore does not evidence the disruption of the Hindu undivided family in the sense in which that term I must be understood under Section 25(A), Income Tax Act. The answer to the second question naturally follows from the answer to the first question. It appears that in 1930-31, the Inco....