https://www.taxtmi.com/caselaws?id=19215 The High Court ruled in favor of the assessee in a case concerning the inclusion of the spouse's share profit in the individual's income under section 64(1)(i) of the Income-tax Act, 1961. The court held that income from a partnership where the individual is a partner in a representative capacity belongs to the Hindu undivided family and should be assessed as such, not in the individual's personal capacity. The court also upheld the cancellation of the Commissioner's order under section 263, concluding that the spouse's share profit should not be added to the individual's income. en-us Thu, 15 Dec 1994 00:00:00 +0530 Wed, 04 Nov 2009 16:35:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19215 The High Court ruled in favor of the assessee in a case concerning the inclusion of the spouse's share profit in the individual's income under section 64(1)(i) of the Income-tax Act, 1961. The court held that income from a partnership where the individual is a partner in a representative capacity belongs to the Hindu undivided family and should be assessed as such, not in the individual's personal capacity. The court also upheld the cancellation of the Commissioner's order under section 263, concluding that the spouse's share profit should not be added to the individual's income. Case-Laws Income Tax Thu, 15 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19215