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    <title>2001 (2) TMI 7 - Supreme Court</title>
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    <description>The Supreme Court overturned the High Court&#039;s decision in a case concerning Hindu females&#039; capacity to form a joint Hindu family, impress inherited property with joint family character, and the assessability of inherited property for income tax purposes. The Supreme Court held that Hindu females under the Dayabhaga school cannot form a joint Hindu family among themselves or blend inherited property into joint family property. The Court ruled that the inherited property was assessable in the hands of the assessee as an individual, emphasizing traditional Hindu personal law principles.</description>
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    <pubDate>Thu, 22 Feb 2001 00:00:00 +0530</pubDate>
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      <title>2001 (2) TMI 7 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=5983</link>
      <description>The Supreme Court overturned the High Court&#039;s decision in a case concerning Hindu females&#039; capacity to form a joint Hindu family, impress inherited property with joint family character, and the assessability of inherited property for income tax purposes. The Supreme Court held that Hindu females under the Dayabhaga school cannot form a joint Hindu family among themselves or blend inherited property into joint family property. The Court ruled that the inherited property was assessable in the hands of the assessee as an individual, emphasizing traditional Hindu personal law principles.</description>
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      <pubDate>Thu, 22 Feb 2001 00:00:00 +0530</pubDate>
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