https://www.taxtmi.com/caselaws?id=33028 Clubbing of share income in the hands of a bigger HUF was not decided on merits in a reference under section 256(2). The Court noted that the Tribunal had followed its earlier order for assessment years 1980-81 and 1981-82, but the Revenue could not say whether those earlier orders had since been modified by the High Court or the Supreme Court. On that basis, the reference was left unanswered and the matter kept open, with liberty for the Tribunal to modify its decision in accordance with law if the earlier orders had been altered by subsequent pronouncements. en-us Tue, 03 Feb 2009 00:00:00 +0530 Thu, 08 Sep 2011 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33028 Clubbing of share income in the hands of a bigger HUF was not decided on merits in a reference under section 256(2). The Court noted that the Tribunal had followed its earlier order for assessment years 1980-81 and 1981-82, but the Revenue could not say whether those earlier orders had since been modified by the High Court or the Supreme Court. On that basis, the reference was left unanswered and the matter kept open, with liberty for the Tribunal to modify its decision in accordance with law if the earlier orders had been altered by subsequent pronouncements. Case-Laws Income Tax Tue, 03 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33028