1988 (6) TMI 27 - HC - Income Tax

Summary

The High Court of Gauhati ruled that Shri Joysukhlal Sethia cannot be assessed as an association of persons but should be taxed as an individual for the assessment year 1967-68. The court upheld the decision of the Appellate Assistant Commissioner and the Appellate Tribunal in favor of the assessee. Income-tax Reference No. 52 of 1975.