1989 (1) TMI 76

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.... 'section 27(3) of the Wealth-tax Act, 1957, for the assessment years 1957-58 to 1961-62 have been filed at the instance of the Commissioner of Wealth-tax, Allahabad. A common question has been proposed in these applications. It appears that Sri. N. L. Bhargava (since deceased) filed wealth-tax returns for the aforesaid years in the status of individual. After his death, one of his legal heirs rev....

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....ome-tax Appellate Tribunal, the Revenue came to this court under section 64 of the Estate Duty Act, 1953, with a prayer that the Tribunal be directed to state the case to this court, inasmuch as the question, whether the property belonged to the family or to the individual, was a question of law fit for reference. That application was accepted by this court and the Income-tax Appellate Tribunal wa....