1995 (8) TMI 32

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..... ng question : " Whether, on the facts and in the circumstances of the case, the Tribunal was justified in excluding the income from the business of hotel, bar and restaurant for the period from June 2, 1968, to December 31, 1968, from the hotel income of the assessee ? " For the assessment year 1969-70, a return was filed by the assessee, but income derived from the hotel business including bar .....

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..... m June 2, 1968, to December 31, 1968, the business has not been carried on by the assessee and no income as such has been derived by the assessee, therefore, the same is not liable to be included in the income of the assessee for the assessment year 1969-70. This being so, the question is replied in the affirmative in favour of the assessee.    
Case laws, Decisions, Judgements, O .....

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