https://www.taxtmi.com/caselaws?id=7481 Income from a business carried on by an association of persons could not be assessed again in the hands of the association after that same income had already been determined and taxed in the hands of one member for the same period. Although an association of persons and its members are distinct assessable entities under section 3 of the Indian Income-tax Act, 1922, the charge is on the income itself, not repeatedly on identical income in different assessment modes. Once the department exercised its option to assess one member on the share of income, the same income could not later be brought to tax again in the association's hands. en-us Mon, 29 Jul 1968 00:00:00 +0530 Fri, 20 Feb 2009 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7481 Income from a business carried on by an association of persons could not be assessed again in the hands of the association after that same income had already been determined and taxed in the hands of one member for the same period. Although an association of persons and its members are distinct assessable entities under section 3 of the Indian Income-tax Act, 1922, the charge is on the income itself, not repeatedly on identical income in different assessment modes. Once the department exercised its option to assess one member on the share of income, the same income could not later be brought to tax again in the association's hands. Case-Laws Income Tax Mon, 29 Jul 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7481