https://www.taxtmi.com/caselaws?id=267837 The court upheld the validity of the assessment framed in the status of HUF for the assessment year 2000-01, emphasizing that once the assessee filed the return as HUF without objection, contradictory stands could not be taken later. The court applied Section 292BB of the Income Tax Act, deeming notice served upon the assessee due to their cooperation in proceedings, preventing challenges to the assessment status. The court rejected the Tribunal's decision, ruling in favor of the revenue, remanding the matter for further consideration on merits. en-us Tue, 01 Sep 2015 00:00:00 +0530 Mon, 16 Nov 2015 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267837 The court upheld the validity of the assessment framed in the status of HUF for the assessment year 2000-01, emphasizing that once the assessee filed the return as HUF without objection, contradictory stands could not be taken later. The court applied Section 292BB of the Income Tax Act, deeming notice served upon the assessee due to their cooperation in proceedings, preventing challenges to the assessment status. The court rejected the Tribunal's decision, ruling in favor of the revenue, remanding the matter for further consideration on merits. Case-Laws Income Tax Tue, 01 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267837