High Court Of Madras
B. Palaniswami vs. CIT
Section 64(1)(vi)
Asst. Year 1979-80
R. Jayasimha Babu & K. Gnanaprakasam, JJ.
Tax Case No. 312 of 1986
25th April, 2001
Counsel Appeared
P.P.S. Janarthana Raja, for the Assessee : T. Ravi Kumar, for the Revenue
JUDGMENT
R. JAYASIMHA BABU, J. :
In respect of the same assessee, for asst. yrs. 1976-77 and 1978-79, a question similar to the one now referred was considered by this Court in Taxcase. Nos. 509 and 510 of 1984—B. Palaniswamy vs. CIT (1997) 143 CTR (Mad) 368 : (1997) 225 ITR 432 (Mad) : TC S42.3647. By the decision of the Division Bench, dt. 14th March, 1996, that question was answered in favour of the assessee and against the Revenue.
Similar answer is required to be and is recorded for this asst. yr. 1979-80 as well. The question answered in favour of the assessee.
[Citation : 254 ITR 263]