Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1971 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1971 (8) TMI 84 - ALLAHABAD HIGH COURTAssessee has been assessed in the status of an association of persons - Whether, on the facts and circumstances of the case, it could be held that the assessment made under section 34(1)(a) of the Indian Income- tax Act, 1922, was valid - Whether, on the facts and circumstances of the case, it could be held that the surplus on the sale of land arose out of an adventure in the nature of trade and as such was rightly brought to tax
|