https://www.taxtmi.com/caselaws?id=203591 The High Court dismissed the appeal, affirming that the Kisan Vikas Patra (KVP) found during a search and seizure operation should be taxed as part of the Hindu Undivided Family (H.U.F.) income, not in the individual capacity. The court held that the H.U.F. had correctly declared and paid tax on the undisclosed income, and there was no evidence to attribute the KVP to the individual Assessee. The decision was based on factual findings, with no legal question raised, leading to the dismissal of the appeal. en-us Wed, 27 Apr 2011 00:00:00 +0530 Mon, 05 Sep 2011 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203591 The High Court dismissed the appeal, affirming that the Kisan Vikas Patra (KVP) found during a search and seizure operation should be taxed as part of the Hindu Undivided Family (H.U.F.) income, not in the individual capacity. The court held that the H.U.F. had correctly declared and paid tax on the undisclosed income, and there was no evidence to attribute the KVP to the individual Assessee. The decision was based on factual findings, with no legal question raised, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 27 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203591