1988 (11) TMI 3

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..... venue. When it reached hearing yesterday, Mr. C. N. Mistry, a partner of Mulla and Mulla, Craigie, Blunt and Caroe, applied to us for discharge of his firm as advocates of the assessee. He gave us copies of letters written by the advocate to the assessee and the acknowledgments thereof. The letters asked for instructions but Mr. Mistry stated that no instructions had been given. It was then notic .....

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..... ade ?" It is not necessary to refer to the facts in detail because the issue is covered by the judgment of this court in the assessee's own case, CIT v. Himalayan Tiles and Marbles P. Ltd. [1975] 100 ITR 177. The assessee took over from one H. L. Gupta his claim as sole proprietor of the assessee's concern before it was taken over by the assessee, against Messrs. A. V. Thomas and Co. (India) Ltd .....

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..... red by it in the course of arbitration proceedings and taxed the balance amount of Rs. 61,340 as profit accruing to the assessee from an adventure in the nature of trade. The Income-tax Officer's decision was upheld by the Appellate Assistant Commissioner but reversed by the Income-tax Appellate Tribunal. The reference therefrom was heard and decided by this court and the judgment is, as aforesaid .....

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