https://www.taxtmi.com/caselaws?id=276252 Remuneration received by a karta from a partnership firm was held includible in the Hindu undivided family's total income where the family's capital was invested in the firm and the karta acted as partner representing the family. The payment was treated as arising from the family's investment and partnership rights, not from a separate personal employment or independent individual capacity. Applying the principles of earlier decisions, the SC sustained assessment of the amount as family income rather than the karta's individual income. The reference was answered against the assessee. en-us Thu, 26 Oct 1967 00:00:00 +0530 Sat, 03 Nov 2018 14:33:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276252 Remuneration received by a karta from a partnership firm was held includible in the Hindu undivided family's total income where the family's capital was invested in the firm and the karta acted as partner representing the family. The payment was treated as arising from the family's investment and partnership rights, not from a separate personal employment or independent individual capacity. Applying the principles of earlier decisions, the SC sustained assessment of the amount as family income rather than the karta's individual income. The reference was answered against the assessee. Case-Laws Income Tax Thu, 26 Oct 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276252