https://www.taxtmi.com/caselaws?id=19767 The court ruled in favor of the Revenue, determining that the agricultural lands and accumulated income were the individual properties of the karta and not of the Hindu undivided family as a whole. The court found that the assets had been divided among family members, and the income had not been reintegrated into the joint family fund. It was established that the partitioned assets had become the absolute individual properties of the members, retaining their individual character. The court upheld the decision of the Income-tax Appellate Tribunal that the properties belonged to the karta individually, based on principles of partition and ownership under Hindu law. en-us Fri, 08 Apr 1994 00:00:00 +0530 Mon, 09 Nov 2009 14:37:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19767 The court ruled in favor of the Revenue, determining that the agricultural lands and accumulated income were the individual properties of the karta and not of the Hindu undivided family as a whole. The court found that the assets had been divided among family members, and the income had not been reintegrated into the joint family fund. It was established that the partitioned assets had become the absolute individual properties of the members, retaining their individual character. The court upheld the decision of the Income-tax Appellate Tribunal that the properties belonged to the karta individually, based on principles of partition and ownership under Hindu law. Case-Laws Wealth-tax Fri, 08 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19767