Judgment

SUBBA RAO, J. : These four appeals by special leave granted by this Court are preferred against the judgment of a Division Bench of the Andhra Pradesh High Court at Hyderabad in a case referred to it by the Income-tax Appellate Tribunal, Hyderabad Bench, under S. 66 (1) of the Indian Income-tax Act, 1922, hereinafter called the Act, in respect of assessments made on H. E. H. the Nizam of Hyderabad for the assessment years 1950-51 and 1951-52.

2. The Income-tax Officer, B Ward, Hyderabad-Deccan, by his orders, dated February 15, 1955, and March 31, 1956, rejected the objections raised by the assessee and assessed him to income-tax for the said two years. Against the said orders the assessee filed two appeals before the Appellate Assistant Commissioner, Hyderabad, who by his orders gave some relief in respect of the said assessments. On further appeals by the assessee, the Income-tax Appellate Tribunal, Hyderabad Branch, allowed the appeals of the assessee in part and ordered the assessments to be revised accordingly. At the instance of the assessee, the Income-tax Appellate Tribunal drew up a statement of case and referred four questions to the High Court of Andhra Pradesh fo