https://www.taxtmi.com/caselaws?id=11691 The court held that the share income derived by the minor from his admission to the benefits of the partnership should be regarded as income of the Hindu undivided family (HUF) represented by the minor. The court agreed with the Tribunal's decision that the income was directly linked to the HUF funds and should be assessed in the hands of the HUF. Additionally, the court confirmed that the minor could represent the HUF in the firm, and the income from the partnership benefits was not the individual income of the minor or his mother, thus not subject to section 64(1)(iii) of the Income-tax Act. en-us Thu, 24 Apr 2003 00:00:00 +0530 Fri, 05 Feb 2010 20:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11691 The court held that the share income derived by the minor from his admission to the benefits of the partnership should be regarded as income of the Hindu undivided family (HUF) represented by the minor. The court agreed with the Tribunal's decision that the income was directly linked to the HUF funds and should be assessed in the hands of the HUF. Additionally, the court confirmed that the minor could represent the HUF in the firm, and the income from the partnership benefits was not the individual income of the minor or his mother, thus not subject to section 64(1)(iii) of the Income-tax Act. Case-Laws Income Tax Thu, 24 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11691