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<h1>Appeal Dismissed: Mother's Wealth Affects Hindu Undivided Family Status</h1> The appeal challenging the assessee's status as a Hindu Undivided Family (HUF) due to the mother's assessable wealth exceeding Rs. 1,50,000 was dismissed. ... Higher Rate, Net Wealth The appeal challenged the assessee's status as a Hindu Undivided Family (HUF) due to the mother's assessable wealth exceeding Rs. 1,50,000. The tribunal rejected the argument that the mother, though adopted, should not be considered an HUF member. The higher tax rate was upheld, and the appeal was dismissed.
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