https://www.taxtmi.com/caselaws?id=27367 The High Court held that under Section 26 of the Income-tax Act, 1961, when shares in jointly owned property are definite and ascertainable, assessment must be done on an individual basis, not as an association of persons. The Income Tax Officer's assessment as an association of persons was deemed illegal, and the Court directed individual assessment to avoid double taxation. The decision emphasized the mandatory nature of Section 26, prohibiting assessment as an association of persons in such cases. en-us Mon, 28 Jan 1985 00:00:00 +0530 Fri, 12 Feb 2010 13:33:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27367 The High Court held that under Section 26 of the Income-tax Act, 1961, when shares in jointly owned property are definite and ascertainable, assessment must be done on an individual basis, not as an association of persons. The Income Tax Officer's assessment as an association of persons was deemed illegal, and the Court directed individual assessment to avoid double taxation. The decision emphasized the mandatory nature of Section 26, prohibiting assessment as an association of persons in such cases. Case-Laws Income Tax Mon, 28 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27367