https://www.taxtmi.com/caselaws?id=70831 The Tribunal allowed the appeal regarding the assessment of capital gains in the hands of an HUF, holding that every member of the HUF is jointly liable for tax. The issue of validity of assessment under section 144 was remanded to the CIT(A) for further review. The Tribunal confirmed the appellant's locus standi to file the appeal and directed the CIT(A) to decide on the merits of the case. Grounds 2 to 5, concerning the legality of assessment and lack of opportunity given to the appellant, were referred to the CIT(A) for detailed examination. en-us Fri, 13 Dec 2002 00:00:00 +0530 Tue, 19 Apr 2011 15:06:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70831 The Tribunal allowed the appeal regarding the assessment of capital gains in the hands of an HUF, holding that every member of the HUF is jointly liable for tax. The issue of validity of assessment under section 144 was remanded to the CIT(A) for further review. The Tribunal confirmed the appellant's locus standi to file the appeal and directed the CIT(A) to decide on the merits of the case. Grounds 2 to 5, concerning the legality of assessment and lack of opportunity given to the appellant, were referred to the CIT(A) for detailed examination. Case-Laws Income Tax Fri, 13 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70831