1991 (11) TMI 44 - HC - Wealth-tax

Summary

The High Court of Gauhati ruled in favor of the assessee, Ka Drostimon Jana, stating that no valid assessment could be made on her as an individual under the Wealth-tax Act, 1957. The court considered the Khasi customary practices and held that the properties in question belonged to a clan, with the assessee acting as a custodian. The court's decision was based on a previous ruling and upheld that no assessment could be made against the assessee as an individual.