Commissioner Of Income-Tax, Madras vs K. H. Chambers, Madras on 9 November, 1964
22. The distinction between the case of the assessee and succession
envisaged u/s. 170 as submitted by learned Counsel of the assessee also fails
on the touchstone of Hon'ble Supreme Court decision in the case of CIT Vs.
K.H. Chambers [1965] 55 ITR 674 . In this view of the matter other decisions
referred by learned Counsel of the assessee cannot take precedence.