Independent Income of Wife cannot be clubbed blindly with Husband’s Income

Veena Mishra Through Nitish Mishra Vs ACIT (ITAT Patna)

No Blind Clubbing with Husband’s Case! ITAT Upholds Wife’s Independent Income- Substantive Taxability in Assessee’s Hands – Protective Assessment Quashed

Facts of the Case

Assessee filed return on 30.03.2004 declaring- Income from other sources: ₹75,513/- (mainly interest) & Agricultural income: ₹80,968/-. AO reopened assessment u/s 147 & completed reassessment u/s 143(3) r.w.s. 147 on 31.01.2006. AO accepted agricultural income & treated ₹75,320/- as protective a

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