https://www.taxtmi.com/caselaws?id=14763 The High Court upheld the validity of the agreement between the karta of the Hindu undivided family and his wife, ruling that the salary paid to the karta was justifiable as a legitimate business expense. The court determined that the Income-tax Officer did not have the right to challenge the agreement, emphasizing that such agreements are voidable, not void. Therefore, the court concluded in favor of the assessee, allowing the salary as a deductible expenditure and disposing of the reference without costs. en-us Wed, 19 Jul 2000 00:00:00 +0530 Sat, 18 Jul 2009 15:12:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14763 The High Court upheld the validity of the agreement between the karta of the Hindu undivided family and his wife, ruling that the salary paid to the karta was justifiable as a legitimate business expense. The court determined that the Income-tax Officer did not have the right to challenge the agreement, emphasizing that such agreements are voidable, not void. Therefore, the court concluded in favor of the assessee, allowing the salary as a deductible expenditure and disposing of the reference without costs. Case-Laws Income Tax Wed, 19 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14763