https://www.taxtmi.com/caselaws?id=12158 The High Court ruled in favor of the assessee, holding that the business of Rawat Electricals, Ramganjmandi, belonged to his son, Suresh Kumar, and not to the assessee. The Court found that the income from the business cannot be taxed in the hands of the assessee based solely on the proprietorship being the son of the assessee. Emphasizing the business's registration, dealings, and independent nature, the Court deemed the Tribunal's decision as perverse and ruled against the Revenue, ultimately deciding in favor of the assessee. en-us Tue, 06 Aug 2002 00:00:00 +0530 Wed, 25 Dec 2019 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12158 The High Court ruled in favor of the assessee, holding that the business of Rawat Electricals, Ramganjmandi, belonged to his son, Suresh Kumar, and not to the assessee. The Court found that the income from the business cannot be taxed in the hands of the assessee based solely on the proprietorship being the son of the assessee. Emphasizing the business's registration, dealings, and independent nature, the Court deemed the Tribunal's decision as perverse and ruled against the Revenue, ultimately deciding in favor of the assessee. Case-Laws Benami Property Tue, 06 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12158