https://www.taxtmi.com/caselaws?id=66144 The Tribunal held that the assessee should be considered an ordinary Hindu Undivided Family (HUF) rather than a specified HUF, as there was no proof of taxable income or wealth for family members other than the karta. The assessment reopening was deemed invalid due to a change of opinion rather than new information. The wife's membership in the HUF was upheld despite relinquishing her rights in the property, as per precedent. Consequently, the reassessment orders were canceled, and the status for the subsequent year was determined to be an ordinary HUF. en-us Fri, 07 Feb 1986 00:00:00 +0530 Mon, 21 Feb 2011 17:44:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66144 The Tribunal held that the assessee should be considered an ordinary Hindu Undivided Family (HUF) rather than a specified HUF, as there was no proof of taxable income or wealth for family members other than the karta. The assessment reopening was deemed invalid due to a change of opinion rather than new information. The wife's membership in the HUF was upheld despite relinquishing her rights in the property, as per precedent. Consequently, the reassessment orders were canceled, and the status for the subsequent year was determined to be an ordinary HUF. Case-Laws Wealth-tax Fri, 07 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66144