https://www.taxtmi.com/caselaws?id=285725 Section 25A of the Indian Income Tax Act, 1922 was directed to cases where a Hindu undivided family had ceased to exist at the time of assessment; it did not, by itself, bar members of a continuing family from partitioning property and then entering into a partnership in relation to the property so partitioned. The validity of the partnership arrangement and whether the immovable assets were genuinely brought into the business depended on factual findings about the nature of the property, the father's title, family custom, the shares actually given, and the manner of transfer or partition. The High Court's answer was set aside and the matter remitted for further findings. en-us Thu, 04 Jun 1942 00:00:00 +0530 Thu, 23 Jan 2020 15:07:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285725 Section 25A of the Indian Income Tax Act, 1922 was directed to cases where a Hindu undivided family had ceased to exist at the time of assessment; it did not, by itself, bar members of a continuing family from partitioning property and then entering into a partnership in relation to the property so partitioned. The validity of the partnership arrangement and whether the immovable assets were genuinely brought into the business depended on factual findings about the nature of the property, the father's title, family custom, the shares actually given, and the manner of transfer or partition. The High Court's answer was set aside and the matter remitted for further findings. Case-Laws Income Tax Thu, 04 Jun 1942 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285725