The Calcutta Weekly Notes June 3 1946

Originally sumoned by King Louis XVI to sit medieval fashion in three separate Orders—Nobility Clergy and Commons—and vote separately so that the two privileged Orders the Nobility and the Clergy might have a perpetual majority over the Commons the representatives of the Comons or the Third Estate refused to obey the royal direction and compelled the King to ask the three Estates to [...] This brought about the celebrated scene when Al irabeau spokesman of the Commons shouted at the King's messeger : "Go tell your matter that we are here by the will of the French peOple and here we remain even at the point of the bayonet!" Earlier the members ejected from their place of meeting which was put under lock and key.on! the specious plea of repairs met at a nearby tennis cour [...] to the background." Till the eve of the last battle in the deep hiStorie crisis of 1917; the slogan continued to be in vogue. [...] The question arose whether the order allowing the objection of the Defendants in the previous claim case was binding and conclusive betWeen the parties. [...].) i) That the income Tax Officer was entitled to raise the question of deduction before the Tribunal (ii) the real value of the had debt on the day when the new firm took over the assets must be ascertained as it had turned out that it had no value ; therefore the assessee did not suffer any loss in the year of account and was.