https://www.taxtmi.com/caselaws?id=352788 The Tribunal dismissed the appeals regarding the assessability of income in the hands of individuals vs. HUF, upholding the AO's and CIT(A)'s findings. The Tribunal also allowed the appeals concerning unexplained credits in bank accounts, accepting explanations provided by the assessees and deleting additions made by the AO. Consequential interest charges were directed to be adjusted based on the final assessments. en-us Fri, 15 Dec 2017 00:00:00 +0530 Thu, 21 Dec 2017 08:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352788 The Tribunal dismissed the appeals regarding the assessability of income in the hands of individuals vs. HUF, upholding the AO's and CIT(A)'s findings. The Tribunal also allowed the appeals concerning unexplained credits in bank accounts, accepting explanations provided by the assessees and deleting additions made by the AO. Consequential interest charges were directed to be adjusted based on the final assessments. Case-Laws Income Tax Fri, 15 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352788