https://www.taxtmi.com/caselaws?id=71130 Interest received by the assessee's wife in her individual capacity from deposits with firms could not be treated as income of the Hindu undivided family because the deposits were stated to be personal and not family assets. The appellate direction to verify the factual position and exclude the interest if the claim was correct was proper. The addition to the HUF's income was therefore not sustainable, and the deletion of the impugned addition was confirmed. en-us Thu, 30 Aug 1979 00:00:00 +0530 Thu, 21 Apr 2011 15:19:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71130 Interest received by the assessee's wife in her individual capacity from deposits with firms could not be treated as income of the Hindu undivided family because the deposits were stated to be personal and not family assets. The appellate direction to verify the factual position and exclude the interest if the claim was correct was proper. The addition to the HUF's income was therefore not sustainable, and the deletion of the impugned addition was confirmed. Case-Laws Income Tax Thu, 30 Aug 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71130