https://www.taxtmi.com/caselaws?id=272480 Under Hindu law, no presumption arises that a business or contract standing in the name of a coparcener's father is joint family property merely because he is the manager or father of the coparceners. Liability of sons for debts incurred by the father in a newly started business does not, by itself, convert that business into a joint family concern. The Tribunal's approach was based on an incorrect legal presumption and it failed to examine the evidence on whether the contract was entered into on behalf of the joint family. The matter was therefore remitted for determination on the evidence whether the contract was for the joint family or the father's personal benefit. en-us Mon, 19 Sep 1955 00:00:00 +0530 Mon, 07 May 2018 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272480 Under Hindu law, no presumption arises that a business or contract standing in the name of a coparcener's father is joint family property merely because he is the manager or father of the coparceners. Liability of sons for debts incurred by the father in a newly started business does not, by itself, convert that business into a joint family concern. The Tribunal's approach was based on an incorrect legal presumption and it failed to examine the evidence on whether the contract was entered into on behalf of the joint family. The matter was therefore remitted for determination on the evidence whether the contract was for the joint family or the father's personal benefit. Case-Laws Indian Laws Mon, 19 Sep 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272480