Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1962 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1962 (12) TMI 61 - HC - Income TaxExtract: .......ectly valid transaction. It would follow that the income from those properties will have to be assessed not in the hands of the deemed Hindu undivided family but in the hands of the trustees of the trust. The question is accordingly answered partly in favour of the assessee and partly in favour of the department. There will be no order as to costs.
|