https://www.taxtmi.com/caselaws?id=32010 The court held that attributing business income to the bigger Hindu Undivided Family (HUF) solely based on family arrangements was not sustainable. Emphasizing the necessity of a formal finding of partition for tax assessments in HUFs, the court referred to legal provisions and precedents. The Income Tax Appellate Tribunal's decision regarding business income of rice and grain sales and manufacture in the HUF was found invalid as it lacked acceptance by the assessing authority under Section 171 of the Income Tax Act. The references were disposed of accordingly. en-us Fri, 14 Mar 2008 00:00:00 +0530 Sun, 08 May 2011 14:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32010 The court held that attributing business income to the bigger Hindu Undivided Family (HUF) solely based on family arrangements was not sustainable. Emphasizing the necessity of a formal finding of partition for tax assessments in HUFs, the court referred to legal provisions and precedents. The Income Tax Appellate Tribunal's decision regarding business income of rice and grain sales and manufacture in the HUF was found invalid as it lacked acceptance by the assessing authority under Section 171 of the Income Tax Act. The references were disposed of accordingly. Case-Laws Income Tax Fri, 14 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32010