https://www.taxtmi.com/caselaws?id=27652 The case involved the assessment of an individual whose wife was a partner in a firm, with the Income Tax Officer initially including the wife's share of loss in the husband's assessment. The Additional Commissioner revised the orders to exclude the wife's loss, a decision upheld by the Income-tax Appellate Tribunal. The High Court agreed with the Tribunal's reasoning, favoring the assessee on the issue of including the wife's loss in determining total income or loss and supporting the Additional Commissioner's jurisdiction under section 263. The High Court directed the Commissioner to pay the costs of the reference to the assessee. en-us Fri, 16 Sep 1983 00:00:00 +0530 Mon, 15 Feb 2010 12:07:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27652 The case involved the assessment of an individual whose wife was a partner in a firm, with the Income Tax Officer initially including the wife's share of loss in the husband's assessment. The Additional Commissioner revised the orders to exclude the wife's loss, a decision upheld by the Income-tax Appellate Tribunal. The High Court agreed with the Tribunal's reasoning, favoring the assessee on the issue of including the wife's loss in determining total income or loss and supporting the Additional Commissioner's jurisdiction under section 263. The High Court directed the Commissioner to pay the costs of the reference to the assessee. Case-Laws Income Tax Fri, 16 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27652