1984 (3) TMI 58 - HC - Income Tax

Summary

The High Court of Punjab and Haryana ruled that the income of minor sons in a partnership firm with their father, as a Hindu Undivided Family (HUF), cannot be clubbed with the father's individual income under section 64(1)(ii) of the Income Tax Act. The court cited previous case law and rejected a contrary view from the Allahabad High Court. The judgment favored the assessee.