https://www.taxtmi.com/caselaws?id=5126 The Commissioner's revisional power extended to an unappealed assessment of a Hindu undivided family; the resulting adjustment in the individual assessment was only consequential and did not amount to revision of the appellate order. Remuneration in the form of salary, commission and sitting fees received by the karta was treated as Hindu undivided family income because the company was formed from joint family assets, the shareholding was acquired with family funds, and the receipts had a real and sufficient nexus with the family property and business. The personal service element did not change the character of the income. en-us Tue, 03 Sep 1968 00:00:00 +0530 Thu, 20 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5126 The Commissioner's revisional power extended to an unappealed assessment of a Hindu undivided family; the resulting adjustment in the individual assessment was only consequential and did not amount to revision of the appellate order. Remuneration in the form of salary, commission and sitting fees received by the karta was treated as Hindu undivided family income because the company was formed from joint family assets, the shareholding was acquired with family funds, and the receipts had a real and sufficient nexus with the family property and business. The personal service element did not change the character of the income. Case-Laws Income Tax Tue, 03 Sep 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5126