https://www.taxtmi.com/caselaws?id=65118 The ITAT Delhi-E ruled in favor of the Hindu Undivided Family (HUF) assessee for the assessment year 1972-73. The addition of Rs. 1,00,000 for unexplained loans was deleted as the seized papers were not meant for production before the department, and individuals related to the loans admitted their handwriting on the papers. Additionally, the income estimate from the brick-kilns at Gokul and Mainpuri was adjusted by applying a reduced rate of 20%, leading to a partial allowance of the appeal. en-us Fri, 29 Aug 1980 00:00:00 +0530 Sat, 12 Feb 2011 14:20:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65118 The ITAT Delhi-E ruled in favor of the Hindu Undivided Family (HUF) assessee for the assessment year 1972-73. The addition of Rs. 1,00,000 for unexplained loans was deleted as the seized papers were not meant for production before the department, and individuals related to the loans admitted their handwriting on the papers. Additionally, the income estimate from the brick-kilns at Gokul and Mainpuri was adjusted by applying a reduced rate of 20%, leading to a partial allowance of the appeal. Case-Laws Income Tax Fri, 29 Aug 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65118