https://www.taxtmi.com/caselaws?id=14451 The court ruled in favor of the Revenue, holding that the income from commission, director's fee, and interest should be assessed in the individual's hands rather than the Hindu undivided family's. The judgment emphasized the distinction between income earned through investments and compensation for services rendered, highlighting that the remuneration received was for services in the individual's capacity. The court clarified that the blending of individual funds with joint family property did not change the nature of the income, ultimately deciding that the income in question belonged to the individual, not the family. en-us Mon, 18 Sep 2000 00:00:00 +0530 Thu, 16 Jul 2009 10:39:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14451 The court ruled in favor of the Revenue, holding that the income from commission, director's fee, and interest should be assessed in the individual's hands rather than the Hindu undivided family's. The judgment emphasized the distinction between income earned through investments and compensation for services rendered, highlighting that the remuneration received was for services in the individual's capacity. The court clarified that the blending of individual funds with joint family property did not change the nature of the income, ultimately deciding that the income in question belonged to the individual, not the family. Case-Laws Income Tax Mon, 18 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14451