Sec. 64(1)(iii)

Sec. 64(1)(iii)

Rajasthan H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the loan accounts of the minors in the books of the firm M/s Ratnalay will not lose its character and will not partake the character of capital account by virtue of the fact that the share incomes of the minors were credited to their loan account ?

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High Court Of Rajasthan CIT vs. Vimal Chand Golecha Sections 64(1)(iii) Asst. Year 1976-77 Y.R. Meena & A.C. Goyal, JJ. […]

Sec. 64(1)(iii), Section 64

Madras H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that the share income arising to the minor sons of the assessee by their admission to the benefits of partnership in a firm cannot be included in the hands of the assessee as his parent under s. 64(1)(iii) of the IT Act, 1961, for the asst. yr. 1982-83 ?

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High Court Of Madras CIT vs. K.R. Natarajan Section 64(1)(iii) Asst. Year 1982-83 Abdul Hadi & N.V. Balasubramanian, JJ. Tax

Sec. 64(1)(iii), Section 64

Punjab & Haryana H.C : Whether, on the facts and in the circumstances of the case, the Tribunal is right in law in holding that the share of income arising to the three minor sons of the assessee who were admitted to the benefits of the partnership in the firm in which the assessee was also a partner cannot be included/assessed in the hands of the assessee in his individual capacity under s. 64(1)(iii) of the IT Act, 1961 ?

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High Court Of Punjab & Haryana CIT vs. Mal Chand Gokul Chand Mital & S.S. Sodhi, JJ. Section 64(1)(iii) Asst.

Sec. 256(2), Sec. 64(1)(iii), Section 256, Section 64

Punjab & Haryana H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in upholding the finding of the AAC that the interest payable on the deposits standing in the names of minors could not be treated as income arising directly or indirectly from their admission, to the benefits of the partnership so as to attract the provisions of s. 64(1)(iii) of the IT Act, 1961, and be included in the total income of the assessee?

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High Court Of Punjab & Haryana CIT vs. Shri Ram Avtar Sections 256(2), 64(1)(iii) V. Ramaswami, C.J. & G.R. Majithia,

Sec. 64(1)(iii), Section 64

Rajasthan H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that the share income of Rs. 9,290 arising to the minor, Narendra Kumar, son of Shri Bal Mukund, Karta of the assessee-HUF from the firm, Laxmi Kant and Co., Baran, cannot be included in the hands of the assessee under section 64 of the IT Act, 1961 ?

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High Court Of Rajasthan CIT vs. Bal Mukund J.S. Verma, C.J. & I.S. Israni, J. Sections 64(1)(iii), 64(1) Asst. Year

Sec. 64(1)(iii), Section 67

Andhra Pradesh H.C : Whether, on the facts and in the circumstances of the case, the Tribunal is right in holding that the interest of Rs. 9,435 debited to the capital account of the minor and paid to the firm in which she was a partner is deductible from the share income arising to her from the partnership firm, especially when the interest is paid to the firm itself and not to any outsider ?

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High Court Of Andhra Pradesh CIT vs. Segu Harnath Sections 64(1)(iii), 67(3) Asst. Year 1978-79, 1979-80, 1980-81 G. Ramanujulu Naidu

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