https://www.taxtmi.com/caselaws?id=56414 In a case concerning the assessment of Smt. B.G. Thakkar and the clubbing of income from Rupa Textile Engineers in the hands of her husband, Shri G.R. Thakkar, the Tribunal upheld the decision to assess Smt. B.G. Thakkar on a substantive basis, ruling that she was the real owner of Rupa. The Tribunal also supported the deletion of Rs. 60,000 as bad debt in the case of Shri G.R. Thakkar. The appeals by the Revenue were dismissed, affirming the Dy. CIT(A)'s decisions in favor of both Smt. B.G. Thakkar and Shri G.R. Thakkar. en-us Thu, 30 Nov 1995 00:00:00 +0530 Fri, 03 Dec 2010 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56414 In a case concerning the assessment of Smt. B.G. Thakkar and the clubbing of income from Rupa Textile Engineers in the hands of her husband, Shri G.R. Thakkar, the Tribunal upheld the decision to assess Smt. B.G. Thakkar on a substantive basis, ruling that she was the real owner of Rupa. The Tribunal also supported the deletion of Rs. 60,000 as bad debt in the case of Shri G.R. Thakkar. The appeals by the Revenue were dismissed, affirming the Dy. CIT(A)'s decisions in favor of both Smt. B.G. Thakkar and Shri G.R. Thakkar. Case-Laws Income Tax Thu, 30 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56414