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    <title>1960 (4) TMI 97 - GUJARAT HIGH COURT</title>
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    <description>The court held that no part of the profit for the calendar year 1955 accrued to the Hindu Undivided Family (HUF) of Ashokbhai Chimanbhai, and thus, none of it could be charged in the hands of the HUF. The court directed the Commissioner to pay the costs of the reference to the assessee.</description>
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      <description>The court held that no part of the profit for the calendar year 1955 accrued to the Hindu Undivided Family (HUF) of Ashokbhai Chimanbhai, and thus, none of it could be charged in the hands of the HUF. The court directed the Commissioner to pay the costs of the reference to the assessee.</description>
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