1984 (9) TMI 20

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ate Tribunal, Delhi Bench " B ", Delhi, in regard to the assessment years 1973-74 and 1974-75, the Commissioner made applications before the said Tribunal under s. 256(1) of the I.T. Act, 1961 (hereinafter referred to as " the Act "), for referring the following question of law to this court for its opinion: " Whether, on the facts and in the circumstances of the case, the Tribunal was legally co....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....llate order of the Tribunal. In CIT v. Indira Balkrishna [1960] 39 ITR 546, it was held by the Supreme Court that the word " associate " means " to join in common purpose, or to join in an action". Therefore, " association of persons ", as used in s. 4 of the I.T. Act, means an association in which two or more persons join in a common purpose or common action, and as the words occur in a section w....