TMI Blog1984 (3) TMI 58X X X X Extracts X X X X X X X X Extracts X X X X ..... hip firm with his minor sons, namely, Rajiv Kumar and Ajay Kumar. The business of the firm was being carried on under the name and style of Messrs United Steel Products, Panipat. The Income-tax Officer clubbed the income of Rajiv Kumar and Ajay Kumar with the income of Amar Nath Bhatia under s. 64(1)(ii) of the I.T. Act, 1961. In appeal, the Income-tax Appellate Tribunal, Chandigarh Bench, deleted ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... P H), a similar question came up for consideration before a Division Bench of this court. The Bench observed (p. 877) : " It is well known that what is being taxed under the I.T. Act, is the income of a person, which includes an individual, a HUF, a company, firm and an association of persons or a body of individuals, whether incorporated or not, a local authority and other artificial juristic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion is of the income of an individual and the concept of an individual has a different connotation from a HUF and other categories which are included in the definition of ' person ' under s. 2(31) of the Act. The word 'assessee' is wide enough not only to cover an individual but also a HUF, a company or a local authority and every firm and other association of persons or the partners of the fir ..... X X X X Extracts X X X X X X X X Extracts X X X X
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