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1972 (6) TMI 4 - MADRAS HIGH COURTWhether the assessment of the income of the house property and of the business of Palaniappa Match Works for the assessment years 1957-58 to 1960-61 in the hands of the assessee in the status of an individual is correct in law - held that, where a coparcener, having a wife and two minor daughters and no son, receives his share of joint family properties on partition, such property in the hands of the coparcener belongs to the Hindu undivided family of himself, his wife and minor daughters and cannot be assessed as his individual property for the purpose of wealth-tax
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