https://www.taxtmi.com/caselaws?id=13892 Blending of separate property into Hindu undivided family property can be recognised without any prescribed statutory mode, and the existence of the HUF is not denied merely because the prior holder died. On the facts recorded, the Tribunal's view that the capital account formed family property was sustained because no contrary dispute was shown. The allowability of interest under the Income-tax Act, 1961, including issues under sections 36(1)(iii) and 37, depended on factual appreciation rather than a referable question of law. The rate of interest was also treated as a factual matter, so no question of law arose in reference jurisdiction. en-us Wed, 31 Jan 2001 00:00:00 +0530 Sat, 04 Jul 2009 17:17:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13892 Blending of separate property into Hindu undivided family property can be recognised without any prescribed statutory mode, and the existence of the HUF is not denied merely because the prior holder died. On the facts recorded, the Tribunal's view that the capital account formed family property was sustained because no contrary dispute was shown. The allowability of interest under the Income-tax Act, 1961, including issues under sections 36(1)(iii) and 37, depended on factual appreciation rather than a referable question of law. The rate of interest was also treated as a factual matter, so no question of law arose in reference jurisdiction. Case-Laws Income Tax Wed, 31 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13892