Individual - Definition / Legal Terminology - Income Tax

Individual is now a unit of assessment and referable only to a natural person, i.e., a human being, a situation different from that in the 1922 Act - Udham Singh- 1987 (9) TMI 35 - ORISSA HIGH COURT An Individual means human being because it is used as something distinct from a joint family, firm and company. One cannot give to the word individuals in the expression association of individuals a different meaning to that which the word individuals bears where it appears in the same phrase. Ahmedabad Millowners Association- 1939 (3) TMI 6 - BOMBAY HIGH COURT It is now well-settled that the word individual does not necessarily and invariably always refer to a single natural person. A group of individuals may as well come in for treatment as an individual under the tax laws if the context so requires. Shri Krishna Bandar Trust- 1992 (3) TMI 23 - CALCUTTA HIGH COURT