https://www.taxtmi.com/caselaws?id=65641 The Tribunal upheld the Income Tax Officer's assessment of the assessee as a Body of Individuals (BOI), emphasizing that the joint efforts and management of the Khasi family members constituted a BOI. Additionally, the Tribunal interpreted 'person' in section 10(26) broadly, allowing for exemption of the BOI's income under the Income-tax Act. The decision rejected departmental appeals, annulling assessment orders and granting the exemption to the Khasi family unit. en-us Wed, 09 Jun 1982 00:00:00 +0530 Fri, 18 Feb 2011 11:07:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65641 The Tribunal upheld the Income Tax Officer's assessment of the assessee as a Body of Individuals (BOI), emphasizing that the joint efforts and management of the Khasi family members constituted a BOI. Additionally, the Tribunal interpreted 'person' in section 10(26) broadly, allowing for exemption of the BOI's income under the Income-tax Act. The decision rejected departmental appeals, annulling assessment orders and granting the exemption to the Khasi family unit. Case-Laws Income Tax Wed, 09 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65641