https://www.taxtmi.com/caselaws?id=36021 The Tribunal held that the communion of property formed as a result of marriage under the Portuguese Civil Code does not constitute an association of persons as defined in the I.T. Act or the W.T. Act. Each spouse is entitled to a separate deduction under section 5 of the Wealth-tax Act, 1957, in their individual assessments, not while computing the net wealth of the communion. The court ruled in favor of the assessee, directing the department to pay the costs of the reference. en-us Thu, 01 Mar 1979 00:00:00 +0530 Thu, 18 Mar 2010 18:41:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36021 The Tribunal held that the communion of property formed as a result of marriage under the Portuguese Civil Code does not constitute an association of persons as defined in the I.T. Act or the W.T. Act. Each spouse is entitled to a separate deduction under section 5 of the Wealth-tax Act, 1957, in their individual assessments, not while computing the net wealth of the communion. The court ruled in favor of the assessee, directing the department to pay the costs of the reference. Case-Laws Wealth-tax Thu, 01 Mar 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36021