https://www.taxtmi.com/caselaws?id=277017 Where a managing agency agreement is executed in the names of individual coparceners and the firm is the contracting party, the managing agency commission is prima facie the separate income of the coparcener. The governing principle requires evidence that managing rights were acquired by utilising joint family property or that the family estate suffered detriment; absent such evidence, prior assessments do not convert subsequent receipts into joint family income. The doctrine of blending applies only where pre existing family property was blended before income arose; outcome: commission treated as individual income of the coparcener. en-us Fri, 06 Jan 1950 00:00:00 +0530 Thu, 22 Nov 2018 11:13:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277017 Where a managing agency agreement is executed in the names of individual coparceners and the firm is the contracting party, the managing agency commission is prima facie the separate income of the coparcener. The governing principle requires evidence that managing rights were acquired by utilising joint family property or that the family estate suffered detriment; absent such evidence, prior assessments do not convert subsequent receipts into joint family income. The doctrine of blending applies only where pre existing family property was blended before income arose; outcome: commission treated as individual income of the coparcener. Case-Laws Income Tax Fri, 06 Jan 1950 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277017