1987 (1) TMI 69

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..... ses Nos. 213 to 215, 219, 220, 224 to 226, 229 to 242, 244 to 248, all of 1984. These are applications under section 27(3) of the Wealth-tax Act, 1957 (hereinafter referred to as "the Act"). The material facts giving rise to these applications, briefly, are as follows: The assessee-respondent is a beneficiary in two trusts known as Sir Hukumchand Trust and Lady Kanchanbai Trust. The assessee .....

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..... r, the Revenue sought a reference but the applications submitted in that behalf were rejected on the ground that though a question of law did arise out of the order passed by the Tribunal, the reference would be only of academic nature as the matter was covered by a decision of this court. Hence, the Revenue had filed these applications. At the time of hearing, learned counsel for the Revenue po .....

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