High Court rules in favor of assessee, invalidating association assessment.

The High Court of Madras ruled in favor of the assessee, stating that the assessment made on the association of persons was not valid since the assessment of the members had been done earlier.

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The High Court of Madras ruled in favor of the assessee, stating that the assessment made on the association of persons was not valid since the assessment of the members had been done earlier. The decision was based on CIT v. R. Dhandayutham [1973] 113 ITR 602 (Mad).

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