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2018 (12) TMI 1077 - AT - Income TaxAssessment of income of HUF - CIT-A confirming the order of the AO by treating the interest income of the (HUF) Satish Tyagi to that of the individual Satish Tyagi - Held that:- We find that the issue in dispute is squarely covered by the decision of Sh. Ashwani Kumar Tyagi vs. ITO, Noida [2017 (10) TMI 933 - ITAT DELHI] factual reason to disallow the claim of the HUF is that no such return was filed and no such tax had been paid by the HUF. The issue gets settled by the payment of taxes by the HUF through the declaration made before the Pr. CIT under IDS, which has been accepted, as all taxes have been paid. Therefore, in such circumstances, and facts of the case, since the HUF has already paid tax due alongwith interest, etc and correct share had been declared at ₹ 27,79,279/- as against lesser amount of ₹ 22,50,413/- taken by both the authorities below, the Assessing Officer is directed to delete the addition so made. Thus, the grounds of appeal raised by the assessee are allowed.
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