1997 (4) TMI 17

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..... the said property to four brothers in separate defined shares as prescribed in the sale deed - Revenue contend that the purchase was made by the four brothers as an association of persons - High Court was justified that the sale transaction could not be held to be a sale in favour of association of persons
S. C. AGRAWAL AND D. P. WADHWA JJ. For the Appellant : T. L. Viswanatha Iyer, Senior Adv .....

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..... ted on August 17, 1973. The case of the Revenue was that the purchase was made by the four brothers as an association of persons. The Tribunal has, however, not agreed with the view of the competent authority in that regard. The High Court in appeal has affirmed the said judgment of the Tribunal. We have heard Shri T. L. Viswanatha Iyer, learned senior counsel appearing for the appellant, in supp .....

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