https://www.taxtmi.com/caselaws?id=19439 The High Court held that income from other sources and capital gains should be assessed separately for each spouse under the Portuguese Civil Code. The court emphasized that income possessed jointly by spouses should be assessed individually. It distinguished between income from joint investments and business activities of the couple, stating that investment income should be assessed separately for each spouse. The decision affirmed lower authorities' rulings and favored the assessees, with no cost orders issued. en-us Mon, 06 Dec 1993 00:00:00 +0530 Fri, 06 Nov 2009 12:00:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19439 The High Court held that income from other sources and capital gains should be assessed separately for each spouse under the Portuguese Civil Code. The court emphasized that income possessed jointly by spouses should be assessed individually. It distinguished between income from joint investments and business activities of the couple, stating that investment income should be assessed separately for each spouse. The decision affirmed lower authorities' rulings and favored the assessees, with no cost orders issued. Case-Laws Income Tax Mon, 06 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19439