Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1962 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1962 (12) TMI 97 - HC - Income TaxExtract: ....... crediting them in the hands of his sons, daughters and his wife on December 31, 1955. This is a case in which there is a transfer of assets by the assessees, falling within the mischief of section 16(3) (a) (iv) of the Income-tax Act. The question is answered against the assessee, who will pay the costs of the department. Counsels fee ₹ 250.
|