Judgment

HEGDE, J.: These appeals by certificate arise from the decision of the Calcutta High Court in Income-tax References Nos. 78 and 79 of 1964 on its file. Those were References under S. 66 (2) of the Indian Income-tax Act, 1922 (which for the sake of brevity will hereinafter be referred to as the Act,). The question referred to the High Court seeking its opinion is:

"Whether in the facts and circumstances of the case and on a proper interpretation of the Deed of conveyance and the Deed of Settlement the Tribunal is right in holding that the house property being premises Nos. 46A and 46B, Wellesly Street, Calcutta is not Trust property?"

2. The circumstances under which that question came to be referred may now be set out.

3. The assessment years with which we are concerned in these appeals are 1958-59 and 1959-60, the previous years being the Diwali Samy. 2013-2014 and 2014-15. In the course of the assessment proceedings relating to those years, the assessee claimed before the Income-tax Officer that the income of the property at premises Nos. 46A and 46B, Wellesley Street, Calcutta should not be taxed in his hands as it was Trust property in his hands. The Income-tax Officer re