https://www.taxtmi.com/caselaws?id=173058 Property inherited under a will is not, by itself, a voluntary combination, but if the recipients later choose to retain and manage the properties jointly for earning income, their conduct may amount to an association of individuals under the Income-tax Act. On that basis, the income from the properties is assessable in their hands as owners. The question was answered in the affirmative, against the assessees and in favour of the Revenue. en-us Mon, 27 Sep 1937 00:00:00 +0530 Tue, 08 Sep 2015 12:15:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173058 Property inherited under a will is not, by itself, a voluntary combination, but if the recipients later choose to retain and manage the properties jointly for earning income, their conduct may amount to an association of individuals under the Income-tax Act. On that basis, the income from the properties is assessable in their hands as owners. The question was answered in the affirmative, against the assessees and in favour of the Revenue. Case-Laws Income Tax Mon, 27 Sep 1937 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173058