1975 (12) TMI 67

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.... practitioner, was carrying on the profession of medicine in the name of Dr. K. G. Sadagopan's Clinic and Nursing Home, for several years, On April 1, 1965, he took his son, who is also a registered medical practitioner as a partner in a newly constitute firm. They agreed to share the earnings in the proportion of two-thirds and one-third, and it was provided in the partnership deed that the asses....

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....ness carried on by the firm is actually the business carried on by the partners, and, that, therefore, the assessee was entitled to claim depreciation in his individual assessment. The Tribunal confirmed the order of the Appellate Assistant Commissioner. At the instance of the assessee the following question has been referred : " Whether, on the facts and in the circumstances of the case, the A....