Case Laws Analysis Distinguished on Asstt. CIT v. Abdul Rehman Kunju 2020 TaxPub(DT) 5041 (Coch-Trib) Impliedly approved CIT v. Dr. R.S. Gupta 1987 TaxPub(DT) 1227 (SC) Explained Indian Glass Agency v. CIT 1982 TaxPub(DT) 0788 (Del-HC) Distinguished Commissioner of Gift Tax v. Tarachand Meghraj 1977 TaxPub(DT) 0563 (Cal-HC) Distinguished on Naunihal Thakar Dass v. CIT 1970 TaxPub(DT) 0322 (P&H-HC) Relied on Virji Devshi v. CIT 1967 TaxPub(DT) 0300 (Bom-HC) Distinguished on Balimal Nawal Kishore v. CIT 1966 TaxPub(DT) 0320 (Punj-HC) Relied on CIT v. Smt. Shyamo Bibi 1966 TaxPub(DT) 0102 (All-HC) Relied on S.P. Jain v. CIT 1964 TaxPub(DT) 0204 (Pat-HC) Distinguished on Chimanbhai Lalbhai v. CIT 1958 TaxPub(DT) 0153 (Bom-HC) Relied on E.M.V. Muthappa Chettiar v. CIT 1945 TaxPub(DT) 0047 (Mad-HC) SUBSCRIBE FOR FULL CONTENT The Tax PublishersIT Ref. No. 29 of 19651971 TaxPub(DT) 0210 (Del-HC) : (1971) 080 ITR 0206New India Colour Co. v. Commissioner of Income-tax, New Delhi.Income-tax Reference No. 29 of 1965, SUBSCRIBE FOR FULL CONTENT