https://www.taxtmi.com/caselaws?id=379613 The court clarified the interpretation of sec. 168 of the Act, determining that a single executor should be treated as an individual, while multiple executors constitute an association of persons (AOP). The case involved rectifying the erroneous classification of the assessee as a Firm instead of an individual, emphasizing the importance of accurate classification based on specific circumstances. The judgment allowed the appeal, emphasizing the significance of rectification applications to ensure precise tax assessment and compliance with legal requirements. en-us Fri, 03 May 2019 00:00:00 +0530 Sat, 04 May 2019 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379613 The court clarified the interpretation of sec. 168 of the Act, determining that a single executor should be treated as an individual, while multiple executors constitute an association of persons (AOP). The case involved rectifying the erroneous classification of the assessee as a Firm instead of an individual, emphasizing the importance of accurate classification based on specific circumstances. The judgment allowed the appeal, emphasizing the significance of rectification applications to ensure precise tax assessment and compliance with legal requirements. Case-Laws Income Tax Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379613