1976 (7) TMI 13

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....Appellate Tribunal, Allahabad Bench, Allahabad, referred the following question for the opinion of this court : " Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was legally correct in holding that the proportionate share of the taxes paid by the firm, in which the assessee was a partner under section 68 of the Finance Act, 1965, should be excluded from the we....

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....fficer disallowed the claim against which the assessee filed an appeal which was accepted and the Wealth-tax Officer was directed to allow the said sum as a deduction in arriving at the net wealth of the assessee. The department filed an appeal which was dismissed by the Tribunal. The question of law referred on the facts of the case is squarely covered by a decision in Commissioner of Wealth-tax ....