https://www.taxtmi.com/caselaws?id=276725 A statutory income-tax assessment cannot be collaterally challenged in a civil suit where the Act provides appellate and revisional remedies and expressly bars such suits; a mere objection that no effective section 25A claim was made does not render the assessment a nullity. The disputed properties were also found to be joint family assets, because the purchase money came from the family business and the surrounding conduct showed the alleged partition to be benami and colourable rather than a genuine severance. The result was that the assessments remained binding and the properties were treated as liable within the family estate. en-us Thu, 11 Apr 1957 00:00:00 +0530 Fri, 16 Nov 2018 14:29:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276725 A statutory income-tax assessment cannot be collaterally challenged in a civil suit where the Act provides appellate and revisional remedies and expressly bars such suits; a mere objection that no effective section 25A claim was made does not render the assessment a nullity. The disputed properties were also found to be joint family assets, because the purchase money came from the family business and the surrounding conduct showed the alleged partition to be benami and colourable rather than a genuine severance. The result was that the assessments remained binding and the properties were treated as liable within the family estate. Case-Laws Income Tax Thu, 11 Apr 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276725