1976 (4) TMI 60 - AT - Income Tax

Summary

The ITAT Cochin ruled in favor of the assessee, stating that the ITO was correct in including the wife's share of profit in the husband's income as he had the greater total income. The CIT's order was set aside, and the appeal was allowed. (Case citation: 1976 (4) TMI 60 - ITAT COCHIN)