From the Judgment and Order dated 1 2 1978 of the Andhra Pradesh High Court in Case Referred No.
Four brothers, members of a companyarcenery, partitioned their family properties, leaving in companymon a large house in the occupation of their mother.
30,000/ each, adjusted towards the extra share Jeshtabhaga agreed to be given to the eldest by the next three.
T. Desai, K. J. John and A. K. Verma for the Respondent.
Soli J. Sorabji, Solicitor General and Miss A. Subhashini for the petitioner.
CIVIL APPELLATE JURISDICTION Special Leave Petition Civil No.
It is companymon ground that if these release deeds did amount to purchase of the house, s. 54 1 of the Income Tax Act, 1961, would save the respondent from exigibility to tax.
1557 of 1979.
114 of 1976.
Briefly, the facts.
