https://www.taxtmi.com/caselaws?id=25373 Interest credited to the capital accounts of minors admitted to the benefits of partnership was treated as income falling within section 64(1)(iii), because the amounts were not accepted as mere deposits outside the clubbing provision. On that footing, the minors' interest income was includible in the assessee's total income, and the Revenue's position was upheld. en-us Fri, 21 Aug 1987 00:00:00 +0530 Thu, 28 Jan 2010 12:09:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25373 Interest credited to the capital accounts of minors admitted to the benefits of partnership was treated as income falling within section 64(1)(iii), because the amounts were not accepted as mere deposits outside the clubbing provision. On that footing, the minors' interest income was includible in the assessee's total income, and the Revenue's position was upheld. Case-Laws Income Tax Fri, 21 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25373