https://www.taxtmi.com/caselaws?id=70884 The Tribunal recognized the partial partition of the HUF of Y.A. Khare, dividing shares equally among Y.A. Khare, his son, and wife. The memorandum of understanding dated 1st July, 1979, was deemed genuine, creating an overriding title. Consequently, the share earned by A.Y. Khare was to be assessed in the hands of the HUF of A.Y. Khare and Mrs. Sumati Y. Khare. The appeals were allowed, and similar assessments were to be made under the Wealth-tax Act for the respective parties. en-us Fri, 20 Jul 1990 00:00:00 +0530 Tue, 19 Apr 2011 18:11:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70884 The Tribunal recognized the partial partition of the HUF of Y.A. Khare, dividing shares equally among Y.A. Khare, his son, and wife. The memorandum of understanding dated 1st July, 1979, was deemed genuine, creating an overriding title. Consequently, the share earned by A.Y. Khare was to be assessed in the hands of the HUF of A.Y. Khare and Mrs. Sumati Y. Khare. The appeals were allowed, and similar assessments were to be made under the Wealth-tax Act for the respective parties. Case-Laws Income Tax Fri, 20 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70884