https://www.taxtmi.com/caselaws?id=24067 The court held that the entire sum received by a Hindu undivided family from a partnership firm should be included in the individual assessment of the assessee under section 64(2)(b) of the Income-tax Act, 1961. The income derived from the converted property was deemed to arise to the individual, not the family, based on the provisions of the Act and previous case law. The court ruled in favor of the Revenue and against the assessee, citing relevant precedents and interpretations, with no costs awarded. en-us Fri, 02 Dec 1988 00:00:00 +0530 Sat, 16 Jan 2010 14:52:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24067 The court held that the entire sum received by a Hindu undivided family from a partnership firm should be included in the individual assessment of the assessee under section 64(2)(b) of the Income-tax Act, 1961. The income derived from the converted property was deemed to arise to the individual, not the family, based on the provisions of the Act and previous case law. The court ruled in favor of the Revenue and against the assessee, citing relevant precedents and interpretations, with no costs awarded. Case-Laws Income Tax Fri, 02 Dec 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24067