https://www.taxtmi.com/caselaws?id=27434 A return filed in the status of a firm did not amount to a return by an association of persons, because each is a separate unit of assessment. On the facts, the income from the wine business had not been returned in the correct assessable status, so reassessment under section 147(a) was permissible and the earlier assessment did not bar reopening. For the same reason, the notice under section 148 was not invalid on limitation grounds, as no prior return had been filed in the relevant status for the income in question. The reference was thus answered in favour of the Revenue. en-us Wed, 08 Aug 1984 00:00:00 +0530 Fri, 12 Feb 2010 17:47:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27434 A return filed in the status of a firm did not amount to a return by an association of persons, because each is a separate unit of assessment. On the facts, the income from the wine business had not been returned in the correct assessable status, so reassessment under section 147(a) was permissible and the earlier assessment did not bar reopening. For the same reason, the notice under section 148 was not invalid on limitation grounds, as no prior return had been filed in the relevant status for the income in question. The reference was thus answered in favour of the Revenue. Case-Laws Income Tax Wed, 08 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27434