https://www.taxtmi.com/caselaws?id=25888 The court ruled in favor of the assessee, determining that the income tax assessments on the joint family for the years 1962-63 to 1968-69 were improper. The dispute stemmed from the ownership of a business conducted by a joint family member, leading to conflicting assessments initially on an individual basis and later on the joint family. The court held that the joint family ceased to exist upon filing for partition and obtaining a decree, rejecting the Revenue's argument that section 171(1) of the Income-tax Act applied to all joint families. The assessments on the joint family were deemed unsustainable, with concerns raised about missed assessment opportunities by the Revenue. en-us Thu, 18 Sep 1986 00:00:00 +0530 Mon, 01 Feb 2010 14:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25888 The court ruled in favor of the assessee, determining that the income tax assessments on the joint family for the years 1962-63 to 1968-69 were improper. The dispute stemmed from the ownership of a business conducted by a joint family member, leading to conflicting assessments initially on an individual basis and later on the joint family. The court held that the joint family ceased to exist upon filing for partition and obtaining a decree, rejecting the Revenue's argument that section 171(1) of the Income-tax Act applied to all joint families. The assessments on the joint family were deemed unsustainable, with concerns raised about missed assessment opportunities by the Revenue. Case-Laws Income Tax Thu, 18 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25888