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    <title>1947 (7) TMI 3 - PRIVY COUNCIL</title>
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    <description>A coparcener may validly contract with a Hindu joint family represented by its karta in respect of his separate property, because joint family status does not prevent a member from acting in an individual capacity. The existence of a definite family personality through the karta is sufficient to support a partnership, and the transaction does not amount to disruption of the family merely because one contracting party is also a coparcener. The contrary view, that a coparcener is incapable of entering such a partnership with the family, was rejected. The position was therefore affirmed in favour of the assessee.</description>
    <language>en-us</language>
    <pubDate>Tue, 29 Jul 1947 00:00:00 +0530</pubDate>
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      <title>1947 (7) TMI 3 - PRIVY COUNCIL</title>
      <link>https://www.taxtmi.com/caselaws?id=168524</link>
      <description>A coparcener may validly contract with a Hindu joint family represented by its karta in respect of his separate property, because joint family status does not prevent a member from acting in an individual capacity. The existence of a definite family personality through the karta is sufficient to support a partnership, and the transaction does not amount to disruption of the family merely because one contracting party is also a coparcener. The contrary view, that a coparcener is incapable of entering such a partnership with the family, was rejected. The position was therefore affirmed in favour of the assessee.</description>
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      <pubDate>Tue, 29 Jul 1947 00:00:00 +0530</pubDate>
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