https://www.taxtmi.com/caselaws?id=67407 The Tribunal concluded that the income from the business of pans belonged to the assessee in his individual capacity rather than as a Hindu Undivided Family (HUF). The Tribunal modified the protective assessment made by the assessing officer and directed the income from the pan business to be treated in the hands of the assessee substantively. Additionally, the Tribunal deleted the addition of income from undisclosed sources, ruling that it belonged to the HUF based on previous assessments by the Assistant Commissioner of Income Tax. en-us Wed, 12 Mar 1997 00:00:00 +0530 Thu, 10 Mar 2011 14:20:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67407 The Tribunal concluded that the income from the business of pans belonged to the assessee in his individual capacity rather than as a Hindu Undivided Family (HUF). The Tribunal modified the protective assessment made by the assessing officer and directed the income from the pan business to be treated in the hands of the assessee substantively. Additionally, the Tribunal deleted the addition of income from undisclosed sources, ruling that it belonged to the HUF based on previous assessments by the Assistant Commissioner of Income Tax. Case-Laws Income Tax Wed, 12 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67407