1971 (7) TMI 12

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..... ve arising from the decision of the High Court of Mysore in I.T.R.C. No. 14 of 1966. Therein the High Court pronounced its opinion on the two questions of law referred to it by the Commissioner of Income-tax, Mysore, Bangalore. The two questions referred for its opinion are : " (a) Whether, on the facts and in the circumstances of the case, the assessments made under section 23(3) and 26(2) of t .....

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..... tus of Hindu undivided family and specially when such claim for the status of Hindu undivided family by the assessee has already been referred to the High Court by the assessee for the assessment years 1950-51 and 1951-52 ? " In this case we are concerned with the assessment years 1946-47, the relevant accounting year ending on June 30, 1946, and 1947-48, the relevant accounting year ending on J .....

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..... itor-General appearing for the department does not challenge the correctness of the decision of the High Court on the first question. In fact, following the decision of the Bombay High Court in Reid's case , the Central Legislature had amended the Income-tax Act of 1922 and included in the Act section 24B. Now coming to the second question as noticed earlier, the assessment was made in respect o .....

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