https://www.taxtmi.com/caselaws?id=213158 The court held that the amount of Rs.1,90,000/- contributed by a minor partner should be added to the minor's income, not the firm's, as the identity of the depositor was not in question. The court found that the Tribunal erred in treating the deposit as the firm's income and set aside their orders. Additionally, the court criticized the Tribunal for failing to independently consider and record findings on the grounds of appeal, deeming their order as no order in the eyes of the law. The court ruled in favor of the appellant, allowing the appeal with costs assessed at Rs.500/-. en-us Fri, 20 Apr 2012 00:00:00 +0530 Fri, 28 Jun 2013 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213158 The court held that the amount of Rs.1,90,000/- contributed by a minor partner should be added to the minor's income, not the firm's, as the identity of the depositor was not in question. The court found that the Tribunal erred in treating the deposit as the firm's income and set aside their orders. Additionally, the court criticized the Tribunal for failing to independently consider and record findings on the grounds of appeal, deeming their order as no order in the eyes of the law. The court ruled in favor of the appellant, allowing the appeal with costs assessed at Rs.500/-. Case-Laws Income Tax Fri, 20 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213158