1969 (8) TMI 21

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..... the status of HUF - Held, yes - - - - - Dated:- 7-8-1969 - Judge(s) : VEERASWAMI., GOKULAKRISHNAN. JUDGMENT The judgment of the court was delivered by VEERASWAMI C.J. - This reference comes before us under section 66(1) of the Income-tax Act, 1922. The question is: " Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that, the assessee .....

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..... l did not accept that view and proceeded on the basis of factum valet and other grounds. During the pendency of this reference, luckily for the assessee, Madras Act No. 21 of 1967 has been enacted. The effect of this Act is to validate with retrospective effect a union only by tying of thali without any other ceremony. This is clear from section 7A which has been inserted by the State Legislature .....

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