https://www.taxtmi.com/caselaws?id=69299 Coffee estate purchased in the names of an assessee and his brother was treated as Hindu undivided family property because the decisive test was the source of the purchase money. A part of the advance came from amounts payable to the assessee on a prior partition of ancestral property, and property acquired with ancestral or joint family funds retains the character of joint family property even if other contributions are also made. A later debit entry in the books did not alter that character after acquisition. On that basis, the estate belonged to the HUF and the income from it was assessable as HUF income. en-us Tue, 19 Dec 1978 00:00:00 +0530 Wed, 06 Apr 2011 11:26:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69299 Coffee estate purchased in the names of an assessee and his brother was treated as Hindu undivided family property because the decisive test was the source of the purchase money. A part of the advance came from amounts payable to the assessee on a prior partition of ancestral property, and property acquired with ancestral or joint family funds retains the character of joint family property even if other contributions are also made. A later debit entry in the books did not alter that character after acquisition. On that basis, the estate belonged to the HUF and the income from it was assessable as HUF income. Case-Laws Income Tax Tue, 19 Dec 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69299