https://www.taxtmi.com/caselaws?id=62076 The court upheld the assessment of income of two individuals as a Body of Individuals (BOI) based on money seized from a jeep they were traveling in. Despite their claims of non-involvement and the ownership dispute over the seized money, the tribunal affirmed the assessment order made by the Income Tax Officer (ITO). The judgment emphasized the protection of the rights of the real owner of the money under general law and dismissed the appeal lodged by the individuals, indicating no further personal liability for them in relation to the tax assessment. en-us Fri, 24 Jan 1975 00:00:00 +0530 Tue, 18 Jan 2011 10:13:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62076 The court upheld the assessment of income of two individuals as a Body of Individuals (BOI) based on money seized from a jeep they were traveling in. Despite their claims of non-involvement and the ownership dispute over the seized money, the tribunal affirmed the assessment order made by the Income Tax Officer (ITO). The judgment emphasized the protection of the rights of the real owner of the money under general law and dismissed the appeal lodged by the individuals, indicating no further personal liability for them in relation to the tax assessment. Case-Laws Income Tax Fri, 24 Jan 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62076