1977 (9) TMI 65 - AT - Income Tax

Summary

The ITAT Pune ruled in favor of the assessee, holding that the profit earned by Mrs. Nanavati from the firm of Tarachand Magalal cannot be included in the total income of the assessee under section 64. The appeal was allowed. (Case citation: 1977 (9) TMI 65 - ITAT PUNE)