1983 (3) TMI 2 - SCH - Income Tax

Held that the partial partition between the parties is valid and we direct the ITO to recognise the partial partition of the joint family properties claimed by the assessee and to proceed to make the assessment on the basis thereof

Summary

The Supreme Court allowed the appeal, set aside the High Court's judgment, and directed the ITO to recognize the partial partition of joint family properties claimed by the assessee for assessment. No costs were awarded. (Case citation: 1983 (3) TMI 2 - SC)