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1965 (11) TMI 39 - SC - Income TaxWhether, in the circumstances of the case, the Tribunal was justified in assessing the income of the minors in the hands of the guardians as the income of a Hindu undivided family? Held that:- Section 40 plainly applies to the facts of this case and consequently the guardians have to be assessed, treating the minors as constituting a Hindu undivided family. In the result, the appeal is accepted and the question referred to the High Court is answered in the affirmative. Appeal allowed.
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