https://www.taxtmi.com/caselaws?id=26771 The High Court remanded the case for rehearing as the Tribunal's order lacked detailed consideration of evidence, particularly regarding the assessability of the share of profit in the hands of the Hindu undivided family (HUF). The Court emphasized the necessity for the Tribunal to adhere to correct legal principles and provide comprehensive analyses. The Tribunal's failure to consider all relevant evidence and provide clear findings led to the remand for a rehearing, with directions to dispose of the appeal according to the correct legal principles. en-us Thu, 04 Jul 1985 00:00:00 +0530 Mon, 08 Feb 2010 13:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26771 The High Court remanded the case for rehearing as the Tribunal's order lacked detailed consideration of evidence, particularly regarding the assessability of the share of profit in the hands of the Hindu undivided family (HUF). The Court emphasized the necessity for the Tribunal to adhere to correct legal principles and provide comprehensive analyses. The Tribunal's failure to consider all relevant evidence and provide clear findings led to the remand for a rehearing, with directions to dispose of the appeal according to the correct legal principles. Case-Laws Income Tax Thu, 04 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26771