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1971 (7) TMI 9

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..... irected the Income-tax Officer to proceed to find out as to who was responsible for the transaction and assess the profits arising therefrom in the hands of that person - order of tribunal was correct - - - - - Dated:- 28-7-1971 - Judge(s) : K. S. HEGDE. and A. N. GROVER. JUDGMENT The judgment of the court was delivered by HEGDE J.--- This appeal by special leave arises from the de .....

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..... s of that firm. The Income-tax Officer assessed Kapur Chand and Hira Lal as an association of persons in respect of the profits said to have arisen as a result of the sale of jewellery to the Prince of Berar. Kapur Chand and Hira Lal denied their liability to be taxed on the profit in question. According to them they cannot be held liable for the sale of the jewellery in question on the sole groun .....

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..... al to refer certain questions claimed by it to be questions of law arising from its order to the High Court for its opinion. The Tribunal rejected that prayer, and held that no question of law arose from its order. Aggrieved by that decision, the department moved the High Court to direct the Tribunal to state a case and refer the questions mentioned by it in its application to the High Court for i .....

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