https://www.taxtmi.com/caselaws?id=238977 The Tribunal ruled in favor of the assessee, holding that income disclosed in the Hindu undivided family's returns cannot be assessed again in the individual's capacity. The judgment emphasized the importance of consistent disclosure and acceptance of income by tax authorities to prevent double assessment. Consequently, the addition of capital gain and interest income in the individual's assessment was deleted, and the assessee's appeal was allowed. en-us Wed, 02 Jan 2013 00:00:00 +0530 Fri, 01 Nov 2013 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238977 The Tribunal ruled in favor of the assessee, holding that income disclosed in the Hindu undivided family's returns cannot be assessed again in the individual's capacity. The judgment emphasized the importance of consistent disclosure and acceptance of income by tax authorities to prevent double assessment. Consequently, the addition of capital gain and interest income in the individual's assessment was deleted, and the assessee's appeal was allowed. Case-Laws Income Tax Wed, 02 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238977