1985 (11) TMI 38 - HC - Income Tax

Summary

The High Court of Rajasthan answered questions 1 and 2 in favor of the assessee, stating that the incomes of Curious House, Birdhi Chand Pannalal, and Birdhi Chand & Sons were not includible in the income of Shri Birdhi Chand. The court did not find it necessary to answer question 3. Each party will bear their own costs. The Tribunal will be informed of the decision.