1985 (11) TMI 39 - HC - Income Tax

Summary

The High Court of Rajasthan held that the income of various entities and individuals was not includible as part of the income of the assessee, Shri Birdhichand, karta of M/s. Birdhichand Pannalal. The Tribunal's decision was upheld in favor of the assessee, and each party will bear their own costs. The Tribunal will be informed of the court's decision.