2009 (3) TMI 68

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.... ORDER JUSTICE D. A. MEHTA - The appellant-revenue has proposed the following two questions: "Whether, the Appellate Tribunal is right in law and on facts in coming to the conclusion that share income from the firm of the 2 smaller HUFs cannot be clubbed in the hands of the bigger HUF?" "Whether, the Appellate Tribunal is right in law and on facts in directing the Assessing Officer to exc....

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....n case for Assessment Years 1980-81 and 1981-82 wherein detailed reasons are assigned by the Tribunal for dismissing the departmental appeal. The said order of Tribunal was challenged by way of Reference Application under Section 256(1) of the Income-tax Act, 1961 (the Act) and thereafter by way of Income Tax Application Nos.1 and 2 of 1988 before this High Court under Section 256(2) of the Act. T....