https://www.taxtmi.com/caselaws?id=199932 Registration of members of a Hindu family as a firm does not by itself prevent assessment of the business income as that of a Hindu undivided family. A partnership deed among some family members is likewise not conclusive, because the real test is whether the business was carried on on behalf of, and for the benefit of, the joint family. The deed regulates inter se rights, but it does not determine the true tax character of the business if joint family funds, credit, or benefit are involved. The document states that this inquiry is ultimately factual and depends on the actual conduct and surrounding materials. en-us Wed, 28 Mar 1923 00:00:00 +0530 Thu, 15 Mar 2018 14:05:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199932 Registration of members of a Hindu family as a firm does not by itself prevent assessment of the business income as that of a Hindu undivided family. A partnership deed among some family members is likewise not conclusive, because the real test is whether the business was carried on on behalf of, and for the benefit of, the joint family. The deed regulates inter se rights, but it does not determine the true tax character of the business if joint family funds, credit, or benefit are involved. The document states that this inquiry is ultimately factual and depends on the actual conduct and surrounding materials. Case-Laws Income Tax Wed, 28 Mar 1923 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199932