1984 (4) TMI 8 - HC - Income Tax

Summary

The High Court of Madras held that the share income of minors can be clubbed under section 64(1)(ii) of the Income-tax Act, 1961 in the hands of the assessee. The court followed its previous decision and rejected the argument based on a conflicting decision from the Andhra Pradesh High Court. The judgment was delivered by Justice Ramanujam.