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Case lawCBDT Circulars & Instructions › Statutory position — s.167B: when an association of persons or body of individuals is charged at the maximum marginal rate, and when only part of its income is
CBDT Circulars & InstructionsCuts both waysValidity unconfirmeds.167Bs.167B(1)s.167B(2)s.2(31)s.2(29C)s.86s.67A

Statutory position — s.167B: when an association of persons or body of individuals is charged at the maximum marginal rate, and when only part of its income is

Our association of persons has fixed member shares, but one member has other income well above the basic exemption limit. Can the Assessing Officer still charge the association at the maximum marginal rate?

Our association of persons has fixed member shares, but one member has other income well above the basic exemption limit. Can the Assessing Officer still charge the association at the maximum marginal rate?

Yes. Section 167B(2)(i) is a separate and often-overlooked trigger: even where the members' shares are determinate, if the total income of ANY member for the previous year — excluding his share from the association or body — exceeds the maximum amount not chargeable to tax in the case of that member under the Finance Act of the relevant year, tax is charged on the total income of the association or body at the maximum marginal rate. Sub-section (1) is the more familiar trigger: where the individual shares of the members are indeterminate or unknown, tax is charged on the total income of the association or body at the maximum marginal rate, and its proviso pushes that up to a member's higher rate where any member is chargeable above the maximum marginal rate. Section 167B(2)(ii) deals with the split case where a member is chargeable at a rate higher than the maximum marginal rate: his relatable portion goes at the higher rate and the balance at the maximum marginal rate. Companies, co-operative societies and societies registered under the Societies Registration Act, 1860 or a corresponding State law are excluded from sub-section (1).

Decided by the CBDT Circulars & Instructions (Not applicable — statutory text) on 1989-04-01, reported as Income-tax Act, 1961, s.167B, inserted by the Direct Tax Laws (Amendment) Act, 1989 with effect from 1 April 1989, as printed on departmental pages stamped Year 1991, 1992, 1993, 1997, 2000, 2002 and 2009. It bears on section 167B, section 167B(1), section 167B(2), section 2(31), section 2(29C), section 86, section 67A of the Income Tax Act 1961, in Assessment & Scrutiny, How Tax Law Is Read and Co-operative Societies matters.

Validity check could not be completed. Validity check could not be completed. Seven departmental pages spanning Year 1991 to Year 2009 print the section identically, so the text is well established for that span; but I could not locate any page for this section stamped later than Year 2009, no Finance Act text was read, and no judicial treatment was checked. An amendment between 2010 and 2026 cannot be excluded on this evidence, and a later pass should establish the current departmental page before this entry is relied on for a recent year.

Why it matters

The commercial significance is that an association of persons cannot be made safe merely by writing determinate shares into its constitution. Sub-section (2)(i) looks past the association altogether and at each member's own income, and the threshold it uses is not a round figure but 'the maximum amount which is not chargeable to tax in the case of that member under the Finance Act of the relevant year' — so it varies member by member and year by year, and a member who is a senior citizen, or who is himself a non-individual, may have a different threshold. Note the exclusion of that member's share from the association when the test is applied: the comparison is his OTHER income against his exemption limit. The Explanation is the second trap. Shares are deemed indeterminate or unknown if they are indeterminate or unknown 'on the date of formation of such association or body or at any time thereafter' — so an association whose shares were once uncertain does not cure the defect by later agreement, and the words 'or at any time thereafter' mean a mid-year change can bring sub-section (1) into play. The excluded bodies in sub-section (1) are worth reading precisely: a company, a co-operative society, or a society registered under the Societies Registration Act, 1860 or under any corresponding State law. A trust, an unregistered association, a joint venture and a consortium are all outside that exclusion.

Binding on the department, not on the assessee or the courts. An assessee may rely on a circular that is beneficial to them.

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Related

Other authorities on the same sections.