Document Fragment View

Matching Fragments

18. The said witness examined by the respondent nos.1 and 2 produced income-tax returns for the year 2004 to 2007 along with the statements of income, PAN card and various other documents. He had also annexed Form 16 along with the respective income tax returns. The account statement of the said deceased issued by the Bank of Maharashtra was also produced. Certificate of Import and Export Code i.e. I.E.C. issued by Ministry of Commerce was also annexed with income tax returns.

fast-28929.14.doc

19. The respondent no.1 deposed that the said deceased prior to his death was working as Director of M/s.Ceal Shipping & Logistics Pvt. Ltd. and in the year 2004-05, he was drawing a salary of Rs.1,70,000/- p.a. In the year 2005-06, he was drawing salary of Rs.1,80,700/- p.a. In the year 2006- 07, he was drawing salary of Rs.2,10,000/- p.a. His salary was increasing every year. The said witness also deposed that the said deceased was also running a proprietary concern M/s.Venkateshwara Sales Corporation and was exporting flowers to U.K. The said witness also produced the license obtained from Ministry of Commerce, Government of India. The Government of India had allotted him the import-export code.