COMMISSIONER OF INCOME-TAX vs MANOHARLAL GUPTA & COMPANY

The Supreme Court addressed the validity of the assessment of an unregistered firm under the Indian Income Tax Act, 1922, specifically regarding the assessment year 1961-62. The Court held that the assessment was proper despite the partner's income being included in his individual assessment, as the assessments were conducted by different Income Tax Officers. The High Court's decision to rule in favor of the assessee was based on an earlier unreported decision, which the Supreme Court could not review due to lack of access to the judgment.