https://www.taxtmi.com/caselaws?id=23607 The High Court of Madhya Pradesh ruled in favor of the Revenue, holding that the income of minor sons from their admission to partnership firms must be included in the total income of the assessee, Manakram. The court emphasized that the provisions of section 64(1)(iii) of the Income-tax Act empower the Income-tax Officer to include minor children's income in the assessee's total income, even if the assessee's total income is nil. The court rejected arguments against such inclusion and upheld the assessment made by the Income-tax Officer and Appellate Assistant Commissioner, overturning the decision of the Income-tax Appellate Tribunal. en-us Tue, 13 Feb 1990 00:00:00 +0530 Tue, 22 Dec 2009 16:08:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23607 The High Court of Madhya Pradesh ruled in favor of the Revenue, holding that the income of minor sons from their admission to partnership firms must be included in the total income of the assessee, Manakram. The court emphasized that the provisions of section 64(1)(iii) of the Income-tax Act empower the Income-tax Officer to include minor children's income in the assessee's total income, even if the assessee's total income is nil. The court rejected arguments against such inclusion and upheld the assessment made by the Income-tax Officer and Appellate Assistant Commissioner, overturning the decision of the Income-tax Appellate Tribunal. Case-Laws Income Tax Tue, 13 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23607