https://www.taxtmi.com/caselaws?id=70157 The Tribunal upheld the validity of the reassessment proceedings under section 147(b), confirming the blending of individual property into joint family property as lawful. It determined that only 1/3rd of the share income was assessable in the individual assessee's hands and that income earned between 2nd April 1970 and 16th April 1970 was not assessable under section 64(2). The Departmental appeals were dismissed, and the assessee's appeals were allowed. en-us Thu, 17 Aug 1978 00:00:00 +0530 Thu, 14 Apr 2011 16:37:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70157 The Tribunal upheld the validity of the reassessment proceedings under section 147(b), confirming the blending of individual property into joint family property as lawful. It determined that only 1/3rd of the share income was assessable in the individual assessee's hands and that income earned between 2nd April 1970 and 16th April 1970 was not assessable under section 64(2). The Departmental appeals were dismissed, and the assessee's appeals were allowed. Case-Laws Income Tax Thu, 17 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70157