https://www.taxtmi.com/caselaws?id=296691 The Court upheld the Tribunal's decision, ruling in favor of the Respondent regarding the family arrangement and division of property, noting that registration was not necessary. The Court also supported the Tribunal's treatment of bad debts deduction, finding the Assessing Officer's disallowance improper and emphasizing the disruption of the Hindu Undivided Family (HUF) as a key factor in determining tax liability. The appeal under section 260A of the Income Tax Act was dismissed for the block assessment year 01.04.1995 to 07.06.2001. en-us Thu, 04 Oct 2012 00:00:00 +0530 Tue, 03 Aug 2021 12:37:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296691 The Court upheld the Tribunal's decision, ruling in favor of the Respondent regarding the family arrangement and division of property, noting that registration was not necessary. The Court also supported the Tribunal's treatment of bad debts deduction, finding the Assessing Officer's disallowance improper and emphasizing the disruption of the Hindu Undivided Family (HUF) as a key factor in determining tax liability. The appeal under section 260A of the Income Tax Act was dismissed for the block assessment year 01.04.1995 to 07.06.2001. Case-Laws Income Tax Thu, 04 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296691