https://www.taxtmi.com/caselaws?id=49439 The note clarifies that for earned income relief under the Income-tax Act the phrase "earned income" requires income to be chargeable as profits and gains of a business and the business to be carried on by the assessee or, where relevant, by a firm in which the assessee is a partner actively engaged in the conduct of the business; "such income" of another person included in the assessee's total income qualifies only if it meets the same conditions. Applied to partnership profits credited for dormant minors, relief is available to the actively engaged partner whose return includes those shares. en-us Thu, 10 Aug 1961 00:00:00 +0530 Fri, 29 Aug 2014 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49439 The note clarifies that for earned income relief under the Income-tax Act the phrase "earned income" requires income to be chargeable as profits and gains of a business and the business to be carried on by the assessee or, where relevant, by a firm in which the assessee is a partner actively engaged in the conduct of the business; "such income" of another person included in the assessee's total income qualifies only if it meets the same conditions. Applied to partnership profits credited for dormant minors, relief is available to the actively engaged partner whose return includes those shares. Case-Laws Income Tax Thu, 10 Aug 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49439