Judgment

RAMASWAMI, J.: These appeals are brought by certificate from the judgment of the Andhra Pradesh High Court dated 30th November, 1964 in Reference Case No. 49 of 1962.

2. N. V. Rangarao, the father of the appellant, was the holder of an impartible estate called the "Munogala Estate" in the Krishna District in the State of Andhra Pradesh. This estate was abolished under the Madras Estates (Abolition and Conversion into Ryotwari) Act, 1948, and compensation under Section 45 of the Act was paid severally to the appellant, his father and his brothers. Other properties belonging to the joint family of the appellant, his father and brothers were also partitioned between them from time to time. The assets forming the subject of reference to the High Court consisted of investments made from the compensation amount received by appellant in securities, shares, etc. and also other assets such as deposits in Banks. The appellant filed returns for the assessment years 1957-58, 1958-59 and 1959-60 in the status of a Hindu Undivided family. The appellant s family during the material time consisted of himself his wife and his two minor daughters and there was no other male member. The appel