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    <title>1978 (5) TMI 16 - CALCUTTA High Court</title>
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    <description>The Tribunal determined that the sum of Rs. 18,41,952 constituted joint family assets belonging to the Hindu Undivided Family (HUF) and should not be assessed as the individual wealth of the assessee. The properties mentioned in the Lal Mohar and the two Khadga Nishanas were also deemed to be part of the HUF, with the assessee lacking the authority to treat them as personal assets. Expert evidence on Nepalese law supported these conclusions, leading to the High Court affirming the Tribunal&#039;s decision in favor of the assessee.</description>
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    <pubDate>Wed, 03 May 1978 00:00:00 +0530</pubDate>
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      <title>1978 (5) TMI 16 - CALCUTTA High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=37612</link>
      <description>The Tribunal determined that the sum of Rs. 18,41,952 constituted joint family assets belonging to the Hindu Undivided Family (HUF) and should not be assessed as the individual wealth of the assessee. The properties mentioned in the Lal Mohar and the two Khadga Nishanas were also deemed to be part of the HUF, with the assessee lacking the authority to treat them as personal assets. Expert evidence on Nepalese law supported these conclusions, leading to the High Court affirming the Tribunal&#039;s decision in favor of the assessee.</description>
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      <pubDate>Wed, 03 May 1978 00:00:00 +0530</pubDate>
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