https://www.taxtmi.com/caselaws?id=7048 Under Dayabhaga Hindu law, heirs taking inherited property in defined shares do not automatically form a Hindu undivided family; that status arises only if they actually choose to live and hold as a joint family. On the facts stated, there was no material showing any such intention, so assessment in the HUF status was not justified. Where the assets were held by an administrator, section 21 of the Wealth-tax Act permitted assessment in the hands of the persons on whose behalf the property was held, namely the individual heirs. The status shown in the return could not prevail over the true legal character of the holding. en-us Wed, 26 Jul 1967 00:00:00 +0530 Sun, 08 Feb 2009 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7048 Under Dayabhaga Hindu law, heirs taking inherited property in defined shares do not automatically form a Hindu undivided family; that status arises only if they actually choose to live and hold as a joint family. On the facts stated, there was no material showing any such intention, so assessment in the HUF status was not justified. Where the assets were held by an administrator, section 21 of the Wealth-tax Act permitted assessment in the hands of the persons on whose behalf the property was held, namely the individual heirs. The status shown in the return could not prevail over the true legal character of the holding. Case-Laws Wealth-tax Wed, 26 Jul 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7048