https://www.taxtmi.com/caselaws?id=25989 An association of persons is not an individual and, on the earlier Division Bench view applied here, is not chargeable to wealth-tax under the Wealth-tax Act. On that legal footing, the basis for reopening the assessment under section 17 was absent, because the petitioner association did not fall within the class of persons sought to be taxed. The notices issued under section 17 were therefore unsustainable, and the challenge to the reopening succeeded. en-us Fri, 20 Jun 1986 00:00:00 +0530 Wed, 15 Apr 2015 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25989 An association of persons is not an individual and, on the earlier Division Bench view applied here, is not chargeable to wealth-tax under the Wealth-tax Act. On that legal footing, the basis for reopening the assessment under section 17 was absent, because the petitioner association did not fall within the class of persons sought to be taxed. The notices issued under section 17 were therefore unsustainable, and the challenge to the reopening succeeded. Case-Laws Wealth-tax Fri, 20 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25989