https://www.taxtmi.com/caselaws?id=235012 The High Court affirmed that the property belonged to the joint family, not the karta individually, leading to the denial of relief to the assessee. The compensation received for land acquisition was determined to belong to the joint family, benefiting the assessee. The Commissioner set aside the Assessing Authority's order, prompting the Revenue's unsuccessful appeal. Given the factual nature of the ownership dispute and previous dismissal of similar challenges, the Court upheld that the compensation belonged to the joint family, dismissing the appeal. en-us Mon, 01 Apr 2013 00:00:00 +0530 Mon, 08 Jul 2013 08:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235012 The High Court affirmed that the property belonged to the joint family, not the karta individually, leading to the denial of relief to the assessee. The compensation received for land acquisition was determined to belong to the joint family, benefiting the assessee. The Commissioner set aside the Assessing Authority's order, prompting the Revenue's unsuccessful appeal. Given the factual nature of the ownership dispute and previous dismissal of similar challenges, the Court upheld that the compensation belonged to the joint family, dismissing the appeal. Case-Laws Income Tax Mon, 01 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235012