https://www.taxtmi.com/caselaws?id=21316 Under Dayabhaga law, coparceners hold defined and ascertainable shares in house property even though possession remains joint until partition. In that setting, the house property income is taxable separately in the hands of the individual coparceners in proportion to their respective shares, rather than as income of the Hindu undivided family. Applying the scheme of section 9(3) of the Indian Income-tax Act, 1922 and section 26 of the Income-tax Act, 1961, the property income was excluded from the assessee-HUF's total income. en-us Tue, 09 May 1989 00:00:00 +0530 Sat, 21 Nov 2009 15:35:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21316 Under Dayabhaga law, coparceners hold defined and ascertainable shares in house property even though possession remains joint until partition. In that setting, the house property income is taxable separately in the hands of the individual coparceners in proportion to their respective shares, rather than as income of the Hindu undivided family. Applying the scheme of section 9(3) of the Indian Income-tax Act, 1922 and section 26 of the Income-tax Act, 1961, the property income was excluded from the assessee-HUF's total income. Case-Laws Income Tax Tue, 09 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21316