WELATH TAX OFFICER, CALICUT vs C. K. MAMMED KAYI (SINCE DECEASED) THROUGH HIS L.RS. T.M.PO

The Supreme Court held that the term 'individual' in Section 3 of the Wealth Tax Act, 1957 includes a group of individuals such as a Mapilla Marumakkathayam Tarawad, rejecting the High Court's view that non-Hindu Undivided Families were outside the Act's purview. The Court emphasized that the legislative intent allows for the inclusion of such groups under the definition of 'individual' for tax assessment purposes. The appeal was allowed, affirming the assessment of the Tarawad's wealth under the Act.