https://www.taxtmi.com/caselaws?id=66837 The Tribunal allowed all appeals, converting protective assessments to substantive assessments. It found the Income Tax Officer's actions unjustified as there was no evidence indicating the income belonged to another individual. The Tribunal emphasized the necessity for evidence or proceedings against the suspected real owner of the income for protective assessments to be valid. The Appellate Assistant Commissioner's decision was overturned, directing the Income Tax Officer to treat the assessments as substantive due to lack of evidence against the assessees. en-us Fri, 21 Jan 1983 00:00:00 +0530 Mon, 07 Mar 2011 16:46:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66837 The Tribunal allowed all appeals, converting protective assessments to substantive assessments. It found the Income Tax Officer's actions unjustified as there was no evidence indicating the income belonged to another individual. The Tribunal emphasized the necessity for evidence or proceedings against the suspected real owner of the income for protective assessments to be valid. The Appellate Assistant Commissioner's decision was overturned, directing the Income Tax Officer to treat the assessments as substantive due to lack of evidence against the assessees. Case-Laws Income Tax Fri, 21 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66837