https://www.taxtmi.com/caselaws?id=26192 Minors' share income was held includible in the assessee's hands under section 64(1)(ii) of the Income-tax Act, 1961, even though the assessee was a partner in a representative capacity as karta of a joint family, because the Court followed its earlier Division Bench ruling on the same point. The argument that dismissal of a special leave petition against a contrary High Court decision required reconsideration was rejected, as such dismissal does not express any view on the merits or displace binding precedent. The earlier decision therefore continued to govern the issue. en-us Wed, 04 Apr 1984 00:00:00 +0530 Wed, 03 Feb 2010 13:29:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26192 Minors' share income was held includible in the assessee's hands under section 64(1)(ii) of the Income-tax Act, 1961, even though the assessee was a partner in a representative capacity as karta of a joint family, because the Court followed its earlier Division Bench ruling on the same point. The argument that dismissal of a special leave petition against a contrary High Court decision required reconsideration was rejected, as such dismissal does not express any view on the merits or displace binding precedent. The earlier decision therefore continued to govern the issue. Case-Laws Income Tax Wed, 04 Apr 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26192