https://www.taxtmi.com/caselaws?id=70801 The Tribunal upheld the reopening of assessments for the years 1973-74 to 1975-76, determining the assessee's status as an individual, not HUF. The decision was based on the partition of the HUF in 1969 and subsequent marriage of the assessee in 1976, aligning with the Supreme Court ruling in C. Krishna Prasad v. CIT. The reopening under section 17(1)(b) was deemed valid as the Supreme Court decision was considered 'information' justifying the reassessment. Despite a dissenting opinion, the majority affirmed the correctness of the reassessment and dismissed the appeals. en-us Thu, 22 Jan 1981 00:00:00 +0530 Tue, 19 Apr 2011 12:50:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70801 The Tribunal upheld the reopening of assessments for the years 1973-74 to 1975-76, determining the assessee's status as an individual, not HUF. The decision was based on the partition of the HUF in 1969 and subsequent marriage of the assessee in 1976, aligning with the Supreme Court ruling in C. Krishna Prasad v. CIT. The reopening under section 17(1)(b) was deemed valid as the Supreme Court decision was considered 'information' justifying the reassessment. Despite a dissenting opinion, the majority affirmed the correctness of the reassessment and dismissed the appeals. Case-Laws Wealth-tax Thu, 22 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70801