https://www.taxtmi.com/caselaws?id=192811 The court held that the co-shares owning the Khalifa Mandi did not constitute an association of individuals under Section 3 of the Income Tax Act. The court emphasized the need for shared ownership and a common purpose to generate income for such an association to exist. The mere appointment of collecting agents by the co-owners was insufficient to establish them as an association. As a result, the court ruled in favor of the assessee, directing the department to bear the costs and requiring a certificate to be filed within two months. en-us Fri, 07 Aug 1936 00:00:00 +0530 Thu, 22 Jun 2017 17:47:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192811 The court held that the co-shares owning the Khalifa Mandi did not constitute an association of individuals under Section 3 of the Income Tax Act. The court emphasized the need for shared ownership and a common purpose to generate income for such an association to exist. The mere appointment of collecting agents by the co-owners was insufficient to establish them as an association. As a result, the court ruled in favor of the assessee, directing the department to bear the costs and requiring a certificate to be filed within two months. Case-Laws Income Tax Fri, 07 Aug 1936 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192811