2010 (11) TMI 48 - HC - Income Tax

HUF Partner of HUF could not leave his self acquired property for his HUF by his will although such an HUF had no property prior to his death - property left by Partner of HUF belong to the HUF of his wife and children despite their conduct of treating the same as HUF property - failed to file three copies of printed paper-book. Even thereafter, no further steps have been taken by the assessee - Since none appears for the assessee to press the reference, the reference is returned unanswered.

Summary

The Punjab and Haryana High Court considered questions of law under the Income Tax Act, 1961 regarding the inheritance of property by an HUF, consistency in tax proceedings, and ownership of property left by an individual. The court noted the assessee's failure to file required documents and returned the reference unanswered as no one appeared to press it.