https://www.taxtmi.com/caselaws?id=250252 The High Court held that the interest income paid to the minors' accounts should be clubbed under Section 64(1)(iii) of the Income Tax Act, 1961, with the income of the assessee. The Tribunal's decision was overturned, and the assessment orders were reinstated in favor of the Revenue. en-us Tue, 17 Jun 2014 00:00:00 +0530 Thu, 07 Aug 2014 10:09:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250252 The High Court held that the interest income paid to the minors' accounts should be clubbed under Section 64(1)(iii) of the Income Tax Act, 1961, with the income of the assessee. The Tribunal's decision was overturned, and the assessment orders were reinstated in favor of the Revenue. Case-Laws Income Tax Tue, 17 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250252