https://www.taxtmi.com/caselaws?id=9699 The High Court held that income from a sub-let contract by a Hindu undivided family (HUF) should not be reassessed in the HUF's hands but in the hands of the individual, as there was no tax evasion. The court emphasized the dual capacity of individuals under the Income-tax Act and recognized the HUF as an assessee, dismissing the Tribunal's view that the HUF cannot be a juristic person for tax purposes. The appeal was allowed, upholding the Commissioner of Income-tax (Appeals) decision to delete the addition of income in the individual's hands. en-us Wed, 30 Nov 2005 00:00:00 +0530 Mon, 29 Jun 2009 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9699 The High Court held that income from a sub-let contract by a Hindu undivided family (HUF) should not be reassessed in the HUF's hands but in the hands of the individual, as there was no tax evasion. The court emphasized the dual capacity of individuals under the Income-tax Act and recognized the HUF as an assessee, dismissing the Tribunal's view that the HUF cannot be a juristic person for tax purposes. The appeal was allowed, upholding the Commissioner of Income-tax (Appeals) decision to delete the addition of income in the individual's hands. Case-Laws Income Tax Wed, 30 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9699