https://www.taxtmi.com/caselaws?id=55846 The Tribunal ruled in favor of the assessee, holding that the wife's salary was not includible in the assessee's income under s. 64(1)(ii) of the IT Act, 1961, due to her technical or professional knowledge and experience. Additionally, the capital gains from the sale of a house were attributed to the HUF, not the individual assessee. The Tribunal also deleted the addition of interest income in the assessee's hands, considering it should be attributed to the HUF. However, the Tribunal decided against the assessee on the addition of gross profit in the assessment for the year 1978-79. en-us Tue, 10 Aug 1982 00:00:00 +0530 Tue, 30 Nov 2010 13:50:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55846 The Tribunal ruled in favor of the assessee, holding that the wife's salary was not includible in the assessee's income under s. 64(1)(ii) of the IT Act, 1961, due to her technical or professional knowledge and experience. Additionally, the capital gains from the sale of a house were attributed to the HUF, not the individual assessee. The Tribunal also deleted the addition of interest income in the assessee's hands, considering it should be attributed to the HUF. However, the Tribunal decided against the assessee on the addition of gross profit in the assessment for the year 1978-79. Case-Laws Income Tax Tue, 10 Aug 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55846