1996 (6) TMI 3 - HC - Income Tax

Summary

The High Court of Kerala ruled in favor of the assessee, Dr. K. George Thomas, in a case involving remittances received by Indian Gospel Mission. The Tribunal's decision to exclude the amounts from the assessee's total income was upheld for the assessment years 1968-69, 1972-73, 1973-74, 1974-75, and 1975-76. The court directed the record to be amended to show Mr. M. P. Govindan Nair as the executor of the will of the deceased assessee. The judgment was sent to the Income-tax Appellate Tribunal for further action.