https://www.taxtmi.com/caselaws?id=19321 The High Court of Madras ruled in favor of the assessee, holding that the share income of minor children from a partnership firm should not be included in the individual assessment of the father under section 64(1)(ii) of the Income-tax Act, 1961. The court emphasized previous decisions, including those of the Supreme Court, which clarified that such income is not includible in the father's assessment. The court upheld the exclusion of minors' share income from the father's assessment, ruling against the Department for all the assessment years under consideration. en-us Tue, 06 Sep 1994 00:00:00 +0530 Thu, 05 Nov 2009 13:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19321 The High Court of Madras ruled in favor of the assessee, holding that the share income of minor children from a partnership firm should not be included in the individual assessment of the father under section 64(1)(ii) of the Income-tax Act, 1961. The court emphasized previous decisions, including those of the Supreme Court, which clarified that such income is not includible in the father's assessment. The court upheld the exclusion of minors' share income from the father's assessment, ruling against the Department for all the assessment years under consideration. Case-Laws Income Tax Tue, 06 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19321