s. desai r. n. sachthry and b. d. sharma for the respondent in both the appeals .
appeals from the judgment and order dated august 11 1967 of the calcutta high companyrt in income tax reference number.
they relate to two separate accounting and assessment years and two assessment orders have been challenged.
106 and 215 of 1963.
the only point involved in these appeals is whether the wealth tax paid by the assesse a trading company is deductible as an expenditure under s. 10 1 and s. 10 2 xv of the income tax act 1922.
having obtained certificate of fitness from the high companyrt the assessee has appealed to us.
number.
1694 and 1730 of 1968.
r. banerjee n. n. goswamy and s. n. mukherjee for the appellant in both the appeals .
civil appellate jurisdiction c.a.
beg j. gave a companycurring but a separate opinion.
k. sen t. a. ramachandran and d. n. gupta for the intervener in both the appeals .
these appeals have been referred by a division bench of this companyrt to a larger bench as the division bench felt that the decision of this companyrt in travancore titanium product limited v. companymissioner of income tax 1 might require reconsideration.
we may 1 1966 3 s.c.r.
the facts in both the appeals are similar.
