Two lessees of agricultural land held as not to be an association of individuals
Jun. 23, 2016
Two assessees, lessees to agricultural income-tax, claimed that the income was their separate income and was liable to be assessed separately. ITO agreed. Commissioner of Agricultural Income-tax disagreed and assessed their income as of an association of individuals. Board of Agricultural Income-tax confirmed that. High Court held that two owners cannot be assessed as an association of individuals. Supreme Court concurred with High Court.-010800
