https://www.taxtmi.com/caselaws?id=5431 Income of minor children admitted to the benefits of a partnership firm was not includible in the assessee's individual assessment where he was a partner only as karta of a Hindu undivided family. The Court treated section 64(1)(ii) of the Income-tax Act, 1961, as in pari materia with the corresponding provision in the 1922 Act before the 1975 amendment, and applied the earlier interpretive principle. On the facts, the assessee had no individual partnership capacity, so the minors' share income could not be clubbed in his hands. The same reasoning applied to the connected issue under section 64(1)(i) because the factual position was identical. en-us Tue, 14 Sep 1993 00:00:00 +0530 Mon, 24 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5431 Income of minor children admitted to the benefits of a partnership firm was not includible in the assessee's individual assessment where he was a partner only as karta of a Hindu undivided family. The Court treated section 64(1)(ii) of the Income-tax Act, 1961, as in pari materia with the corresponding provision in the 1922 Act before the 1975 amendment, and applied the earlier interpretive principle. On the facts, the assessee had no individual partnership capacity, so the minors' share income could not be clubbed in his hands. The same reasoning applied to the connected issue under section 64(1)(i) because the factual position was identical. Case-Laws Income Tax Tue, 14 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5431