https://www.taxtmi.com/caselaws?id=6525 A business shown to have been joint family property before partition retains that character in the hands of the coparcener after partition unless a valid basis exists to treat it as separate property. Here, the partnership business had long been assessed as a Hindu joint family business, and the partition deed itself described it as such; on those facts, the share taken by the coparcener did not become his individual asset. The share income from the post-partition partnership was therefore assessable in the hands of the Hindu undivided family, not as the appellant's personal income. en-us Tue, 14 Feb 1978 00:00:00 +0530 Fri, 05 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6525 A business shown to have been joint family property before partition retains that character in the hands of the coparcener after partition unless a valid basis exists to treat it as separate property. Here, the partnership business had long been assessed as a Hindu joint family business, and the partition deed itself described it as such; on those facts, the share taken by the coparcener did not become his individual asset. The share income from the post-partition partnership was therefore assessable in the hands of the Hindu undivided family, not as the appellant's personal income. Case-Laws Income Tax Tue, 14 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6525