https://www.taxtmi.com/caselaws?id=57161 The Tribunal held that the assessment made by the ITO on an Association of Persons (AOP) in the proceedings of the Hindu Undivided Family (HUF) was illegal. It emphasized that assessments should be made in respect of each 'person' and their total income. The Tribunal annulled the assessments on the AOP, stressing the importance of following proper legal procedures and jurisdictional requirements. The ITO's actions were deemed beyond jurisdiction as he failed to ascertain the correct entity for assessment. The Tribunal upheld the assessee's contention that the investments were individual and not belonging to the HUF, ultimately annulling the assessments and allowing the appeals. en-us Sat, 05 Jun 1982 00:00:00 +0530 Wed, 08 Dec 2010 16:39:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57161 The Tribunal held that the assessment made by the ITO on an Association of Persons (AOP) in the proceedings of the Hindu Undivided Family (HUF) was illegal. It emphasized that assessments should be made in respect of each 'person' and their total income. The Tribunal annulled the assessments on the AOP, stressing the importance of following proper legal procedures and jurisdictional requirements. The ITO's actions were deemed beyond jurisdiction as he failed to ascertain the correct entity for assessment. The Tribunal upheld the assessee's contention that the investments were individual and not belonging to the HUF, ultimately annulling the assessments and allowing the appeals. Case-Laws Income Tax Sat, 05 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57161