1997 (3) TMI 27

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..... ed the following question of law under section 256(1) of the Income-tax Act, 1961, for the opinion of this court : "Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was correct in law in holding that the share income arising to the minor sons of the assessee by their admission to the benefits of partnership in a firm cannot be included in the hands of the assess .....

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..... y to the facts of the present case. Mr. R. Janakiraman, learned counsel for the assessee, does not dispute the position that the income of the minor son who is admitted to the benefits of the partnership is liable to be included in the hands of the assessee. Following the above cited decision, we answer the question of law referred to us in the negative and in favour of the Revenue. No costs. .....

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