C.SANTHANAM, T.V.RAJAGOPALA RAO
Income-tax Officer – Appellant
Versus
Smt. C. Kusumakumari – Respondent
Advocates Appeared:
P. Radhakrishnamurthy,C.V.K. Prasad
ORDER
T.V. Rajagopala Rao, Judicial Member- This is a departmental appeal filed against the order of the AAC of Income-tax, Vijayawada dated 2nd December 1985 and it relates to the assessment year 1982-83. The assessee is an individual. The previous year ended by 31st March 1982. The assessee as a partner of a registered firm was engaged in the business of distribution and exhibition of films. For assessment year 1980-81 the firm sustained loss in the venture it had undertaken. The share of loss of the assessee in that firm for assessment year 1980-81 was admittedly determined at Rs. 13,062. For assessment year 1981-82, the assessee continued to derive share income in some other firms. Those firms were not engaged either in distribution or exploitation of feature films. However, for assessment year 1982-83, the assessee herself took up the business of distribution and exploitation of films as proprieless. The name of the proprietory concern is Lalita Films. She sustained a loss of Rs. 37,875 and it is said that she had produced a film in Telugu called 'Tirupati Kshetra Mahatmyam'. In the assessment year 1982-83, she derived incomes from three partnership firms, namely, (a) Padmanab
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