https://www.taxtmi.com/caselaws?id=6797 The term "Hindu undivided family" in the Wealth-tax Act was construed in its statutory context as referring to Hindu Mitakshara families, not to every undivided family governed by Hindu law in relation to property. A Christian family that remained subject to Hindu law for succession and property relations therefore could not be assessed as a Hindu undivided family. The scheme of the Act also showed that an individual's coparcenary interest had to be assessed separately. On that footing, the assessee was assessable only as an individual, and only to the extent of his own interest in the property as on the valuation date, not on the whole property. en-us Wed, 18 Jan 1967 00:00:00 +0530 Mon, 02 Feb 2009 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6797 The term "Hindu undivided family" in the Wealth-tax Act was construed in its statutory context as referring to Hindu Mitakshara families, not to every undivided family governed by Hindu law in relation to property. A Christian family that remained subject to Hindu law for succession and property relations therefore could not be assessed as a Hindu undivided family. The scheme of the Act also showed that an individual's coparcenary interest had to be assessed separately. On that footing, the assessee was assessable only as an individual, and only to the extent of his own interest in the property as on the valuation date, not on the whole property. Case-Laws Wealth-tax Wed, 18 Jan 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6797