https://www.taxtmi.com/caselaws?id=7329 Share income of an unregistered firm, once validly assessed in the hands of the partners, could not be brought to tax again in the hands of the firm. The court applied the principle against double assessment of the same income and recognised that partners of an unregistered firm may be assessed either individually or in the firm's collective status, but not twice on the same receipts. Because the partners' earlier assessments remained valid, the fresh assessment on the firm for the same income was impermissible and the issue was answered in favour of the assessee. en-us Fri, 12 Apr 1968 00:00:00 +0530 Tue, 17 Feb 2009 20:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7329 Share income of an unregistered firm, once validly assessed in the hands of the partners, could not be brought to tax again in the hands of the firm. The court applied the principle against double assessment of the same income and recognised that partners of an unregistered firm may be assessed either individually or in the firm's collective status, but not twice on the same receipts. Because the partners' earlier assessments remained valid, the fresh assessment on the firm for the same income was impermissible and the issue was answered in favour of the assessee. Case-Laws Income Tax Fri, 12 Apr 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7329