https://www.taxtmi.com/caselaws?id=24302 The High Court upheld the cancellation of assessment under section 146 due to non-service of notice on the assessee. The subsequent assessment made on the return filed by one individual who voluntarily associated himself was deemed valid only for him. The Court ruled in favor of the Department regarding the individual who received the notice. Regarding the formation of an association of persons in the land transaction, the Court concluded that the individuals did not form an association for income, as the transaction appeared to be a joint venture for owning property rather than earning income. en-us Wed, 05 Oct 1988 00:00:00 +0530 Tue, 19 Jan 2010 11:14:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24302 The High Court upheld the cancellation of assessment under section 146 due to non-service of notice on the assessee. The subsequent assessment made on the return filed by one individual who voluntarily associated himself was deemed valid only for him. The Court ruled in favor of the Department regarding the individual who received the notice. Regarding the formation of an association of persons in the land transaction, the Court concluded that the individuals did not form an association for income, as the transaction appeared to be a joint venture for owning property rather than earning income. Case-Laws Income Tax Wed, 05 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24302