1984 (4) TMI 14

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..... KASLIWAL J.-On an application moved by the Commissioner of Income-tax, Delhi (Cent.), New Delhi, the Income-tax Appellate Tribunal, Jaipur Bench, has referred the following question for the opinion of this court : " Whether, on the facts and in the circumstances of the case, the Tribunal was right in rejecting the finding of the Department that the sale of immovable property to M/s. Sujangarh....

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....is also going on between the Union of India and the present assessee, Shri Prithvi Raj Daga, with regard to the transaction in question. The Union of India had filed a civil suit in the Court of Civil judge, Churn, being Civil Suit No. 71 of 1962, seeking a declaration that the transaction in question was fictitious and was made in order to defeat and delay the creditors including the Union of Ind....