TMI Blog1985 (1) TMI 39X X X X Extracts X X X X X X X X Extracts X X X X ..... on the direction of this court to answer the following question : " Whether, on the facts and circumstances of the case, the Tribunal was right in confirming the protective assessment ? " The facts stated by the Tribunal are that in the course of assessment proceedings for the assessment years 1967-68 to 1969-70, in the case of Messrs. Vinit Talkies, Jabalpur, a claim was made that income from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... firm. However, he made a protective assessment of the same income in the hands of the lady, Smt. Dayabai, for the three assessment years under dispute. The findings recorded by the ITO were upheld by the Tribunal in the case of Vinit Talkies. Against the protective assessment made by the ITO in the hands of Dayabai, appeals were filed before the AAC who upheld the protective assessment made by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed by Messrs. Vinit Talkies before this court, was rejected by this court on July 7, 1980. It is, therefore, clear that after the Tribunal's judgment in the appeals filed by Messrs. Vinit Talkies and also the appeal filed by Smt. Dayabai, the Tribunal confirmed both the assessments. The net result is that the income earned from the matinee shows displayed in the premises of Vinit Talkies has been ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... earned counsel that we propose to make an order on these lines, they all agreed that this would be a fair and reasonable order to make in the present proceedings." Similarly the Allahabad High Court also had an occasion to consider similar questions in the case of Hemlata Agarwal v. CIT [1967] 64 ITR 428. It is, therefore, clear that the protective assessment made against Smt. Dayabai was only ..... X X X X Extracts X X X X X X X X Extracts X X X X
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