1979 (11) TMI 68

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....stance of the CIT can be disposed of by a common judgment, as the facts as well as the question of law are identical. The two assessees are partners in a firm known as M/s. Prayag Dass Kanhaiya Lal & Co. The firm carries on a business in the manufacture of a paper known as " Delhi Pulp Industries " which, it is common ground, is an industrial undertaking within the meaning of s. 84 of the I.T. ....

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....is a partner ? " The above question has been the subject-matter of judicial decisions. The Gujarat High Court in CIT v. Arun Industries [1966] 61 ITR 241 and the Allahabad High Court in CIT v. Globe Engineers (P.) Ltd. [1973] 90 ITR 188 and in CIT v. Bharat Bhanday [1974] 94 ITR 315 have held that such rebate is available to each of the partners in addition to the rebate granted in the case of ....