S. Nariman, Addl.
C. Sharma, R. Chawla, S. R. Gupta, R. P. Soni and K. B. Rohtagi for the appellant.
Solicitor General of India, A. N. Kirpal, P. Nayar and R.N. Sachthey for the respondent.
In appeal, the Appellate Assistant Commissioner agreed with the companyclusion reached by the Income tax Officer.
Appeal by special leave from the judgment and order dated July 15, 1968 of the Delhi High Court at New Delhi in Incometax Reference No.
The Judgment of the Court was delivered by HEGDE, J. This is an appeal by special leave.
The appellant is the assesssee.
The relevant previous year ended on March 31, 1958.
CIVIL APPELLATE JURISDICTION Civil Appeal No.
In that application he mentioned that the previous years income had been divided among the partners.
The assesses firm applied for renewal of its registration under section 26 A of the Indian Income Tax Act 1922 in short the Act before the Income Tax Officer on May 26, 1958.
In this case we are companycerned with his assessment for the assessment year 1958 59.
On a further appeal being taken to the Income tax Appellate Tribunal the Tribunal agreed with the companyclusions reached by the lower authorities.
The High Court agreed with the view taken by the Tribunal.
He did number believe the version of the assessee that the previous years income had been divided.
The Income Tax Officer rejected that application.
1690 of 1969.
44 of 1964.
