https://www.taxtmi.com/caselaws?id=19997 Annual letting value under section 23 for property subject to rent-control legislation cannot exceed the standard rent determinable under that legislation, rather than merely reflecting actual rent received. Dividend from shares belonging to a Hindu undivided family is assessable as family income, while dividend from shares owned by a wife or child and interest on deposits owned by an individual remain taxable in the respective individual's hands. Family relationship alone does not justify including income from separately owned assets in the Hindu undivided family's income. en-us Mon, 05 Jul 1993 00:00:00 +0530 Wed, 11 Nov 2009 10:55:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19997 Annual letting value under section 23 for property subject to rent-control legislation cannot exceed the standard rent determinable under that legislation, rather than merely reflecting actual rent received. Dividend from shares belonging to a Hindu undivided family is assessable as family income, while dividend from shares owned by a wife or child and interest on deposits owned by an individual remain taxable in the respective individual's hands. Family relationship alone does not justify including income from separately owned assets in the Hindu undivided family's income. Case-Laws Income Tax Mon, 05 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19997