Commissioner of Income-tax Vs. K. Chandrasekaran and ors. - Court Judgment |
| Direct Taxation |
| Chennai High Court |
| Oct-20-1986 |
| Tax Case Nos. 338 to 340 of 1984 |
| V. Ramaswami-II and ;V. Ratnam, JJ. |
| [1990]182ITR392(Mad) |
| Income Tax Act, 1961 - Sections 143 |
| Commissioner of Income-tax |
| K. Chandrasekaran and ors. |
| C.V. Rajan, Adv. |
| P.P.S. Janarthana Raja, Adv. |
- v. ramaswami, j.1. the following question has been referred at the instance of the revenue : 'whether, on the facts and in the circumstances of the case, the tribunal was right in law in holding that the assessment made on the association of persons was not valid since the assessment in the case of the members thereof had been made earlier ' 2. in view of the decision in cit v. r. dhandayutham : [1978]113itr602(mad) , the question will have to be answered in the affirmative and in favour of the assessee and it is answered accordingly. no costs.
V. Ramaswami, J.
1. The following question has been referred at the instance of the Revenue :
'Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the assessment made on the association of persons was not valid since the assessment in the case of the members thereof had been made earlier '
2. In view of the decision in CIT v. R. Dhandayutham : [1978]113ITR602(Mad) , the question will have to be answered in the affirmative and in favour of the assessee and it is answered accordingly. No costs.