https://www.taxtmi.com/caselaws?id=177186 The Tribunal set aside the Ld. CIT(A)'s decision to club the income of the wife's firm with the husband's firm, ruling that there was no evidence of a 'benami' business relationship between the two entities. The Tribunal found that the wife's initial denial of involvement in the business was due to nervousness during a search and that there was no nexus between the two firms. As a result, the appeals filed by the assessee were allowed. en-us Wed, 26 Feb 2014 00:00:00 +0530 Tue, 05 Jan 2016 11:14:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177186 The Tribunal set aside the Ld. CIT(A)'s decision to club the income of the wife's firm with the husband's firm, ruling that there was no evidence of a 'benami' business relationship between the two entities. The Tribunal found that the wife's initial denial of involvement in the business was due to nervousness during a search and that there was no nexus between the two firms. As a result, the appeals filed by the assessee were allowed. Case-Laws Income Tax Wed, 26 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177186