https://www.taxtmi.com/caselaws?id=463337 Income of an estate represented by two executors was required to be taxed at the normal slab rates under section 168(1)(b), not at the maximum marginal rate. The return had been filed in the status of an association of persons, and although the lower authorities accepted that status, they still applied the maximum marginal rate. The tribunal held that the applicable provision mandated taxation according to the normal slab rates in the relevant schedule, and the Commissioner (Appeals) had already accepted the basic contention on rate. Non-filing of a reply to notices did not justify applying the wrong rate of tax. en-us Wed, 29 Jun 2022 00:00:00 +0530 Tue, 26 Aug 2025 20:14:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463337 Income of an estate represented by two executors was required to be taxed at the normal slab rates under section 168(1)(b), not at the maximum marginal rate. The return had been filed in the status of an association of persons, and although the lower authorities accepted that status, they still applied the maximum marginal rate. The tribunal held that the applicable provision mandated taxation according to the normal slab rates in the relevant schedule, and the Commissioner (Appeals) had already accepted the basic contention on rate. Non-filing of a reply to notices did not justify applying the wrong rate of tax. Case-Laws Income Tax Wed, 29 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463337