Mohan Lal Ram Niwas Huf, New Delhi vs Acit, New Delhi on 9 April, 2018
4. We have considered the rival submissions. First of all, we reproduce paras 20
to 24 of this judgement of Hon'ble Karnataka High Court rendered in the case
of S.L. Basavaraj (HUF) Vs. ACIT (supra). The same are as under.