Report No. 49
21A. Srinivasan's case.-
The principle of the Supreme Court decision which emphasised1 the aspect of evasion was reaffirmed by the Supreme Court in a subsequent case,2 holding that the provision in the Income-tax Act for tagging of income arising to a wife or a minor child from a partnership in which the husband or father is also a partner, was justified mainly on the consideration that such a provision was necessary to achieve the object of preventing tax evasion.
1. Para. 16, supra.
2. S. Shrinivasan v. Commissioner of Income-tax, (1967) 63 ITR 273.