https://www.taxtmi.com/caselaws?id=39294 The High Court held that the minor's share income from firms, previously taxed in the parents' hands, should be included in the minor's total income for rate purposes. Despite being taxed elsewhere, the income was not exempt under Chapter VII and fell within the scope of total income as defined in the Income-tax Act. The Court ruled in favor of the assessee, affirming the Tribunal's decision to include the minor's share income in the total income for rate purposes. en-us Mon, 25 Feb 1974 00:00:00 +0530 Thu, 15 Apr 2010 12:45:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39294 The High Court held that the minor's share income from firms, previously taxed in the parents' hands, should be included in the minor's total income for rate purposes. Despite being taxed elsewhere, the income was not exempt under Chapter VII and fell within the scope of total income as defined in the Income-tax Act. The Court ruled in favor of the assessee, affirming the Tribunal's decision to include the minor's share income in the total income for rate purposes. Case-Laws Income Tax Mon, 25 Feb 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39294