https://www.taxtmi.com/caselaws?id=276415 The materials discussed whether a father and his two sons constituted a Hindu undivided family for income-tax purposes, and the family status was affirmed on the facts and conduct shown. It also stated that self-acquired business and property do not become joint family assets merely because of an admission or declaration; absent a legally effective transfer or relinquishment, the income remained assessable in the individual's hands. On the managing-director issue, the remuneration was treated as personal income attached to the office, so it could not be included in the Hindu undivided family's income even if the shares were family assets. en-us Fri, 18 Sep 1942 00:00:00 +0630 Sat, 10 Nov 2018 12:11:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276415 The materials discussed whether a father and his two sons constituted a Hindu undivided family for income-tax purposes, and the family status was affirmed on the facts and conduct shown. It also stated that self-acquired business and property do not become joint family assets merely because of an admission or declaration; absent a legally effective transfer or relinquishment, the income remained assessable in the individual's hands. On the managing-director issue, the remuneration was treated as personal income attached to the office, so it could not be included in the Hindu undivided family's income even if the shares were family assets. Case-Laws Income Tax Fri, 18 Sep 1942 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=276415