https://www.taxtmi.com/caselaws?id=66412 The Tribunal dismissed the appeals, upholding the decision that interest income should be aggregated under section 64 of the Income-tax Act, 1961 for the assessment years in question. The Tribunal found that the specific circumstances of the case, including the significant capital contribution by the appellant's wife and the absence of a separate account for interest, supported the aggregation of interest income with profits. Previous decisions involving minors admitted to partnership benefits were distinguished, emphasizing the distinct nature of the appellant's case where the wife became a partner through capital contribution. en-us Fri, 26 Nov 1982 00:00:00 +0530 Thu, 24 Feb 2011 15:49:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66412 The Tribunal dismissed the appeals, upholding the decision that interest income should be aggregated under section 64 of the Income-tax Act, 1961 for the assessment years in question. The Tribunal found that the specific circumstances of the case, including the significant capital contribution by the appellant's wife and the absence of a separate account for interest, supported the aggregation of interest income with profits. Previous decisions involving minors admitted to partnership benefits were distinguished, emphasizing the distinct nature of the appellant's case where the wife became a partner through capital contribution. Case-Laws Income Tax Fri, 26 Nov 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66412