https://www.taxtmi.com/caselaws?id=24915 The court upheld the inclusion of share income of minor children in the hands of the assessee for assessment years 1976-77 and 1977-78 under section 64(1)(iii) of the Income-tax Act, despite the assessee not having individual income. This decision was based on precedent and the interpretation that the individual's lack of income does not preclude the inclusion of minor children's share income. For the assessment year 1972-73, the court ruled in favor of the assessee, holding that the share income of minor sons should not be included in the assessee's total income. en-us Thu, 26 Nov 1987 00:00:00 +0530 Sat, 23 Jan 2010 12:05:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24915 The court upheld the inclusion of share income of minor children in the hands of the assessee for assessment years 1976-77 and 1977-78 under section 64(1)(iii) of the Income-tax Act, despite the assessee not having individual income. This decision was based on precedent and the interpretation that the individual's lack of income does not preclude the inclusion of minor children's share income. For the assessment year 1972-73, the court ruled in favor of the assessee, holding that the share income of minor sons should not be included in the assessee's total income. Case-Laws Income Tax Thu, 26 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24915