https://www.taxtmi.com/caselaws?id=28992 The court ruled in favor of the assessee, allowing the set-off of the mother's loss from one partnership against the share income of her minor children from another partnership. The court held that once the minor children's income is included in the mother's total income, the loss can be set off against this income under relevant provisions of the Income-tax Act. The judgment favored the assessee over the Revenue, permitting the set-off and directing the judgment to be sent to the Income-tax Appellate Tribunal, Cochin Bench. en-us Mon, 13 Sep 1982 00:00:00 +0530 Tue, 09 Mar 2010 12:26:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28992 The court ruled in favor of the assessee, allowing the set-off of the mother's loss from one partnership against the share income of her minor children from another partnership. The court held that once the minor children's income is included in the mother's total income, the loss can be set off against this income under relevant provisions of the Income-tax Act. The judgment favored the assessee over the Revenue, permitting the set-off and directing the judgment to be sent to the Income-tax Appellate Tribunal, Cochin Bench. Case-Laws Income Tax Mon, 13 Sep 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28992