https://www.taxtmi.com/caselaws?id=5571 The Supreme Court upheld the High Court's decision that the business income of Meera and Co. should be assessed as a "body of individuals." The Court determined that the joint business activities conducted by the widow and her minor children constituted a "body of individuals" under section 2(31)(v) of the Income-tax Act, 1961. It was held that the special provisions for minors did not override the general provisions of sections 4 and 2(31)(v). The appeals were dismissed, affirming the assessment of the income in the status of a "body of individuals." en-us Tue, 11 Mar 1997 00:00:00 +0530 Sat, 20 Sep 2014 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5571 The Supreme Court upheld the High Court's decision that the business income of Meera and Co. should be assessed as a "body of individuals." The Court determined that the joint business activities conducted by the widow and her minor children constituted a "body of individuals" under section 2(31)(v) of the Income-tax Act, 1961. It was held that the special provisions for minors did not override the general provisions of sections 4 and 2(31)(v). The appeals were dismissed, affirming the assessment of the income in the status of a "body of individuals." Case-Laws Income Tax Tue, 11 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5571