https://www.taxtmi.com/caselaws?id=6960 The court determined that the assessment to wealth-tax for the assessment year 1960-61 was correctly made on the assessee as an individual, not as a Hindu undivided family. The assets received on partition were deemed the separate property of the assessee since he had no male issue at the valuation date. The court relied on the Supreme Court decision in T. S. Srinivasan v. Commissioner of Income-tax, finding in favor of the revenue authority and against the assessee. No costs were awarded due to the complexity of the issue and conflicting judicial opinions. en-us Sat, 20 Aug 1966 00:00:00 +0530 Sat, 07 Feb 2009 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6960 The court determined that the assessment to wealth-tax for the assessment year 1960-61 was correctly made on the assessee as an individual, not as a Hindu undivided family. The assets received on partition were deemed the separate property of the assessee since he had no male issue at the valuation date. The court relied on the Supreme Court decision in T. S. Srinivasan v. Commissioner of Income-tax, finding in favor of the revenue authority and against the assessee. No costs were awarded due to the complexity of the issue and conflicting judicial opinions. Case-Laws Wealth-tax Sat, 20 Aug 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6960