https://www.taxtmi.com/caselaws?id=184725 Persons who combined to carry on business for gain were treated as an association of persons under the income-tax charging provision, even though the underlying partnership was unlawful under abkari law. The Court applied the plain ordinary meaning of "association of persons" and held that enforceable mutual rights and obligations inter se were not an essential condition for taxability. Illegality in the mode of constitution did not, by itself, exempt the income where the group in fact joined together to earn profits. The income was therefore taxable as an association of persons, and the reference was answered in favour of the Revenue. en-us Mon, 23 Aug 1948 00:00:00 +0530 Mon, 18 Jul 2016 17:27:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184725 Persons who combined to carry on business for gain were treated as an association of persons under the income-tax charging provision, even though the underlying partnership was unlawful under abkari law. The Court applied the plain ordinary meaning of "association of persons" and held that enforceable mutual rights and obligations inter se were not an essential condition for taxability. Illegality in the mode of constitution did not, by itself, exempt the income where the group in fact joined together to earn profits. The income was therefore taxable as an association of persons, and the reference was answered in favour of the Revenue. Case-Laws Income Tax Mon, 23 Aug 1948 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184725