1985 (5) TMI 72 - AT - Income Tax

Summary

The Appellate Tribunal ITAT Bangalore upheld the decision of the Commissioner (Appeals) in a case where the HUF ceased to exist with the death of the karta. The Tribunal ruled that no assessment could be made on the HUF as there was no provision in the Wealth-tax Act to do so after the family had ceased to exist. The appeal was dismissed. (Case Citation: 1985 (5) TMI 72 - ITAT BANGALORE)