It is the first of these questions which is material and we may re produce it as follows: "Whether on the facts and in the circumstances of the case, and on a true interpretation of the terms of section 2(6A) (e) of the Income tax Act, 1922, the Tribunal was right ill holding that the amounts of Rs. 2,21,702 (gross) and Rs. 3,43,505 (net) were taxable as dividends in the hands of the applicant H.U.F. for the assessment year 1955 56 and 1956 57 respectively, when the shares were registered in the name of Sri section M. Saharia, the karta of the family ?" This question referred to both the assessment years 1955 56 and 1956 57, but we are not concerned in this appeal with the controversy relating to the assessment year 1955 56 and hence we shall confine ourselves only to the assessment year 1956 57.