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    <title>1983 (3) TMI 40 - ALLAHABAD High Court</title>
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    <description>The Tribunal&#039;s decision that the property purchased in the name of Ayodhya Prasad was actually bought by the Hindu Undivided Family (HUF) was deemed legally incorrect. The burden of proof was held to not lie on the assessee to demonstrate that the property was not acquired from undisclosed HUF sources. The Tribunal&#039;s failure to consider crucial evidence and flawed reasoning led to the judgment directing a review of the case to determine the legality of attributing the property purchase to the HUF.</description>
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    <pubDate>Wed, 16 Mar 1983 00:00:00 +0530</pubDate>
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      <title>1983 (3) TMI 40 - ALLAHABAD High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=28417</link>
      <description>The Tribunal&#039;s decision that the property purchased in the name of Ayodhya Prasad was actually bought by the Hindu Undivided Family (HUF) was deemed legally incorrect. The burden of proof was held to not lie on the assessee to demonstrate that the property was not acquired from undisclosed HUF sources. The Tribunal&#039;s failure to consider crucial evidence and flawed reasoning led to the judgment directing a review of the case to determine the legality of attributing the property purchase to the HUF.</description>
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      <pubDate>Wed, 16 Mar 1983 00:00:00 +0530</pubDate>
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