https://www.taxtmi.com/caselaws?id=383296 The court ruled in favor of the petitioner, a minor facing scrutiny assessment proceedings under the Income Tax Act following his father's death. The Assessment Order assessed substantial tax liability, which the petitioner contested due to lack of inheritance. The court emphasized the limited liability of legal representatives under Section 159 of the IT Act, considering the estate's ability to meet liabilities. The petitioner's claim of no inheritance was supported, highlighting his disassociation from his father's financial affairs. The judgment safeguarded the petitioner's interests, ensuring a just outcome amidst familial and financial complexities. en-us Mon, 08 Jul 2019 00:00:00 +0530 Sat, 20 Jul 2019 09:20:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383296 The court ruled in favor of the petitioner, a minor facing scrutiny assessment proceedings under the Income Tax Act following his father's death. The Assessment Order assessed substantial tax liability, which the petitioner contested due to lack of inheritance. The court emphasized the limited liability of legal representatives under Section 159 of the IT Act, considering the estate's ability to meet liabilities. The petitioner's claim of no inheritance was supported, highlighting his disassociation from his father's financial affairs. The judgment safeguarded the petitioner's interests, ensuring a just outcome amidst familial and financial complexities. Case-Laws Income Tax Mon, 08 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383296