https://www.taxtmi.com/caselaws?id=276413 Directors' fees received by members of a Hindu undivided family are treated as personal income where the remuneration is earned for services rendered by the individuals as directors. The fact that their shareholding or eligibility as directors was linked to joint family assets does not, by itself, make the fees family income, because the family property was not employed in earning that remuneration. Dividends from the shares remain family income, but directors' fees stand on a different footing as personal earnings of the directors. en-us Wed, 15 Aug 1945 00:00:00 +0630 Sat, 10 Nov 2018 12:04:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276413 Directors' fees received by members of a Hindu undivided family are treated as personal income where the remuneration is earned for services rendered by the individuals as directors. The fact that their shareholding or eligibility as directors was linked to joint family assets does not, by itself, make the fees family income, because the family property was not employed in earning that remuneration. Dividends from the shares remain family income, but directors' fees stand on a different footing as personal earnings of the directors. Case-Laws Income Tax Wed, 15 Aug 1945 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=276413