https://www.taxtmi.com/caselaws?id=49580 The SC upheld the HC's decision, ruling that the widows could not be assessed as an "association of persons" under the Income-tax Act, as they did not engage in a joint enterprise to earn income. The SC also determined that income from the property should be assessed separately for each widow under Section 9(3) of the Income-tax Act, 1922, as their shares were definite and ascertainable. The appeals by the Commissioner of Income-tax were dismissed, affirming the separate assessment of the widows' income. en-us Thu, 14 Apr 1960 00:00:00 +0530 Tue, 29 Oct 2024 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49580 The SC upheld the HC's decision, ruling that the widows could not be assessed as an "association of persons" under the Income-tax Act, as they did not engage in a joint enterprise to earn income. The SC also determined that income from the property should be assessed separately for each widow under Section 9(3) of the Income-tax Act, 1922, as their shares were definite and ascertainable. The appeals by the Commissioner of Income-tax were dismissed, affirming the separate assessment of the widows' income. Case-Laws Income Tax Thu, 14 Apr 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49580