https://www.taxtmi.com/caselaws?id=56570 The Appellate Tribunal ITAT Allahabad-A upheld the Income Tax Officer's decision to include the minor son's share of profit in the appellant's income under section 64 of the Income-tax Act, 1961. Despite the appellant's total income being below the taxable limit, the Tribunal ruled that disclosure of the minor son's profit share was mandatory, emphasizing compliance with the Act's provisions. The appellant's appeal was dismissed, affirming the obligation to report all income, including that of a minor child, irrespective of the taxpayer's income level. en-us Mon, 23 Aug 1982 00:00:00 +0530 Sat, 04 Dec 2010 15:52:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56570 The Appellate Tribunal ITAT Allahabad-A upheld the Income Tax Officer's decision to include the minor son's share of profit in the appellant's income under section 64 of the Income-tax Act, 1961. Despite the appellant's total income being below the taxable limit, the Tribunal ruled that disclosure of the minor son's profit share was mandatory, emphasizing compliance with the Act's provisions. The appellant's appeal was dismissed, affirming the obligation to report all income, including that of a minor child, irrespective of the taxpayer's income level. Case-Laws Income Tax Mon, 23 Aug 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56570