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    <title>1966 (3) TMI 5 - PUNJAB High Court</title>
    <link>https://www.taxtmi.com/caselaws?id=6740</link>
    <description>The court found that the remuneration received by Prem Nath from Messrs. K. C. Raj and Company and the sub-partnership of Messrs. Kishan Lal was rightly included in the total income of the assessee-Hindu undivided family (HUF). The court held that the income was joint family income as it was linked to his position secured using family funds. The judgment established principles that income earned with family funds is joint family income unless proven otherwise. Consequently, the court ruled in favor of the revenue, awarding costs to the Commissioner.</description>
    <language>en-us</language>
    <pubDate>Fri, 25 Mar 1966 00:00:00 +0530</pubDate>
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      <title>1966 (3) TMI 5 - PUNJAB High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=6740</link>
      <description>The court found that the remuneration received by Prem Nath from Messrs. K. C. Raj and Company and the sub-partnership of Messrs. Kishan Lal was rightly included in the total income of the assessee-Hindu undivided family (HUF). The court held that the income was joint family income as it was linked to his position secured using family funds. The judgment established principles that income earned with family funds is joint family income unless proven otherwise. Consequently, the court ruled in favor of the revenue, awarding costs to the Commissioner.</description>
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      <pubDate>Fri, 25 Mar 1966 00:00:00 +0530</pubDate>
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