https://www.taxtmi.com/caselaws?id=24596 The High Court held that section 64 of the Income-tax Act applied to include the wife's income in the husband's assessment. The Court disagreed with the Tribunal on the application of section 154 for rectification, citing the interconnected nature of the spouses' tax affairs in a partnership firm. The Court found that the Income-tax Officer's failure to consider the partnership deed justified rectification under section 154, allowing for the inclusion of the wife's income in the husband's assessment. As a result, the Court ruled in favor of the Revenue, permitting the rectification of assessments for the relevant years. en-us Thu, 25 Feb 1988 00:00:00 +0530 Thu, 21 Jan 2010 10:56:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24596 The High Court held that section 64 of the Income-tax Act applied to include the wife's income in the husband's assessment. The Court disagreed with the Tribunal on the application of section 154 for rectification, citing the interconnected nature of the spouses' tax affairs in a partnership firm. The Court found that the Income-tax Officer's failure to consider the partnership deed justified rectification under section 154, allowing for the inclusion of the wife's income in the husband's assessment. As a result, the Court ruled in favor of the Revenue, permitting the rectification of assessments for the relevant years. Case-Laws Income Tax Thu, 25 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24596