https://www.taxtmi.com/caselaws?id=5076 Remuneration received by a karta from a partnership was examined on the basis of whether it arose from the use of Hindu undivided family assets or from the karta's personal services. Where the family supplied the entire capital and the karta joined the firm in that character, the payment was treated as connected with the family's investment and therefore assessable as the family's income, not the karta's individual income. The legal test focused on whether the acquisition was impressed with joint family character because it was made with aid of family assets and without detriment to the estate. A dissent viewed the remuneration as payment for special services and as individual income, lacking a real nexus with family funds. en-us Thu, 26 Oct 1967 00:00:00 +0530 Wed, 19 Nov 2008 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5076 Remuneration received by a karta from a partnership was examined on the basis of whether it arose from the use of Hindu undivided family assets or from the karta's personal services. Where the family supplied the entire capital and the karta joined the firm in that character, the payment was treated as connected with the family's investment and therefore assessable as the family's income, not the karta's individual income. The legal test focused on whether the acquisition was impressed with joint family character because it was made with aid of family assets and without detriment to the estate. A dissent viewed the remuneration as payment for special services and as individual income, lacking a real nexus with family funds. Case-Laws Income Tax Thu, 26 Oct 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5076