Sunil and his wife were doing business of toys throughRonak Toys Private Limited. The company was registered on 11th August 1995. The deceased were filing income tax returns. The income tax returns for Financial Year 1999-2000 and 2000-2001 are produced on record, which are at Exhibit-9. He further stated that deceased – Sunil as a director of the company was taking salary of Rs.1,08,000/-per annum. The salary certificate is at Exhibit-10. The deceased purchased own premises for factory and residence and he was having his own car and profit running business. In support of evidence of PW1, the claimants have examined PW2-Ashok Jain, Chartered Accountant at Exhibit-21. He has stated that he knew deceased Sunil and his wife Priti. They were running the business in the name of Ronak Industries. Priti and Sunil were directors of their company. He has produced income tax returns of deceased for the year 2000-2001 and 2001-2002, which are at Exhibit-24. He further stated that deceased had taken loan of Rs.25,00,000/- from Vidya Sahakari Bank by mortgaging their factory premises. While dealing with the issue of income of both deceased, the Tribunal has observed that deceased Sunil was getting salary of Rs.1,08,000/- per annum and deceased Priti was director in the company. Considering the evidence on record, the Tribunal has considered income of deceased Sunil at Rs.10,000/- per month and income of deceased Priti at Rs.5,000/- per month. I do not find infirmity in it. In my view, deceased Sunil was running the company and he had obtained loan of Rs.25,00,000/- for his
