RAJ DULARI BHASIN vs. COMMISSIONER OF INCOME TAX
ITA/11/2004HC Delhi21 Dec 2015
Bench: HON'BLE DR. JUSTICE S.MURALIDHAR,HON'BLE MR. JUSTICE VIBHU BAKHRU
Section 16(3)
…s discussed hereafter, to have a much wider scope than 'ownership' as is generally understood. 30.1 The Court now turns to the decision of the Full Bench of the Andhra Pradesh High Court in Nawab Mir Barkat Ali Khan v. Commissioner of Wealth Tax [1997] 226 ITR 654. The Full Bench considered the decision in Nawab Sir Mir Osman Ali Khan (supra) and pointed out that the Supreme Court had, in rendering the said decision not considered the scope of Section 4 of the WT Act. The Full Bench observed: "It is worth noticing here that the provisions of section 4 of the Act were not brought to the notice of th…