1985 (8) TMI 7 - HC - Income Tax

Summary

The High Court of Punjab and Haryana ruled that M/s. Meera & Company is assessable as a 'body of individuals' for the assessment years 1968-69, 1969-70, and 1970-71. The decision was based on a previous Division Bench ruling against the assessee. The assessees have the option to challenge this judgment despite their counsel's concession.