https://www.taxtmi.com/caselaws?id=56513 The ITAT held that the income of a minor child from a partnership, where the investment was made through a gift, should not be included in the assessee's total income under section 64(1)(vi) of the Income-tax Act, 1961. The ITAT relied on legal principles from previous court decisions to determine that the income did not directly or indirectly arise from the gift made by the assessee. Consequently, the appeal was dismissed, and the deletion of the amount from the assessee's income was upheld. en-us Fri, 24 Feb 1984 00:00:00 +0530 Sat, 04 Dec 2010 11:48:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56513 The ITAT held that the income of a minor child from a partnership, where the investment was made through a gift, should not be included in the assessee's total income under section 64(1)(vi) of the Income-tax Act, 1961. The ITAT relied on legal principles from previous court decisions to determine that the income did not directly or indirectly arise from the gift made by the assessee. Consequently, the appeal was dismissed, and the deletion of the amount from the assessee's income was upheld. Case-Laws Income Tax Fri, 24 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56513