1987 (5) TMI 3

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....sions)<br>Dated:- 27-5-1987<br>- - -<br>Income Tax<br>Judge(s)&nbsp; : H. C. GOEL., V. RANGANATHAN&nbsp; JUDGMENT There is no appearance for the respondent. Having heard counsel for the petition....

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.... received by the assessee in the assessment year 1977-78 and Rs. 20,00,000 received in the assessment year 1978-79 did not constitute income liable to tax ? 2. Whether, on the facts and in the circ....