https://www.taxtmi.com/caselaws?id=56755 The appellate tribunal set aside the Appellate Authority Commissioner's decision and ruled in favor of the department's appeal. The tribunal found insufficient evidence to support the genuineness of the partial partition claimed by the Hindu Undivided Family (HUF), emphasizing the lack of clarity regarding the assets and liabilities involved. It concluded that the entries made were not indicative of a valid partition, as they were deemed a mere creation of capital without actual division of assets or liabilities. Therefore, the tribunal reinstated the Income Tax Officer's position, highlighting the absence of a genuine partition within the HUF based on the evidence presented. en-us Fri, 18 Jan 1985 00:00:00 +0530 Mon, 06 Dec 2010 16:07:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56755 The appellate tribunal set aside the Appellate Authority Commissioner's decision and ruled in favor of the department's appeal. The tribunal found insufficient evidence to support the genuineness of the partial partition claimed by the Hindu Undivided Family (HUF), emphasizing the lack of clarity regarding the assets and liabilities involved. It concluded that the entries made were not indicative of a valid partition, as they were deemed a mere creation of capital without actual division of assets or liabilities. Therefore, the tribunal reinstated the Income Tax Officer's position, highlighting the absence of a genuine partition within the HUF based on the evidence presented. Case-Laws Income Tax Fri, 18 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56755