https://www.taxtmi.com/caselaws?id=289224 The court determined that section 41 is mandatory, receivers were properly appointed to manage properties on behalf of the Hindu undivided family (HUF), and assessments on the HUF in the receivers' hands for specified years were valid. The court upheld the assessments under the Income Tax Act, ruling against the assessee and directing payment of reference costs and counsel fees. en-us Wed, 12 Oct 1960 00:00:00 +0530 Mon, 21 Dec 2020 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289224 The court determined that section 41 is mandatory, receivers were properly appointed to manage properties on behalf of the Hindu undivided family (HUF), and assessments on the HUF in the receivers' hands for specified years were valid. The court upheld the assessments under the Income Tax Act, ruling against the assessee and directing payment of reference costs and counsel fees. Case-Laws Income Tax Wed, 12 Oct 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289224