2001 (8) TMI 46

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..... are as follows: "1. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in holding that the assessment made on the receiver in the status of 'association of persons' could not be sustained? 2. Whether, on the facts and in the circumstances of the case, the finding of the Appellate Tribunal that the letting out on hire Padmanabha Theatre for screening cine .....

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..... 1653 to 1665 of 1977 and 506 to 509 of 1981 and this court has answered the reference against the Revenue. That decision is reported in [1987] 168 ITR 125. The relevant portion in the headnote of that decision is extracted below: "The court had appointed a receiver to realise the income from the theatre which was one of the assets of the partnership and to divide the same equally among the quond .....

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