https://www.taxtmi.com/caselaws?id=70189 Interest earned on deposits made by a minor admitted to the benefits of partnership was held to be income arising directly or indirectly from that admission where the partnership deeds required the minor to bring in specified capital or deposit amounts. The deposits were not treated as voluntary or independent of the partnership arrangement. On those facts, the necessary nexus existed between the interest income and the minor's admission to partnership benefits, so the interest was liable to be clubbed with the minor's income and the contrary view was rejected. en-us Wed, 21 Nov 1979 00:00:00 +0530 Thu, 14 Apr 2011 17:37:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70189 Interest earned on deposits made by a minor admitted to the benefits of partnership was held to be income arising directly or indirectly from that admission where the partnership deeds required the minor to bring in specified capital or deposit amounts. The deposits were not treated as voluntary or independent of the partnership arrangement. On those facts, the necessary nexus existed between the interest income and the minor's admission to partnership benefits, so the interest was liable to be clubbed with the minor's income and the contrary view was rejected. Case-Laws Income Tax Wed, 21 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70189