https://www.taxtmi.com/caselaws?id=26276 Income derived from firms in which the karta admitted his sons as partners, and income earned by unseparated coparceners from properties acquired with Hindu undivided family funds, was not includible in the assessee-karta's assessable income. Applying its earlier ruling in the connected reference, the HC held that the absence of capital contribution from the sons' self-acquired funds did not prevent their admission as partners, and registration or continuation of registration could not be refused on that ground. On that basis, the income in question was excluded from the assessee's income, in favour of the assessee and against the Revenue. en-us Tue, 05 Nov 1985 00:00:00 +0530 Wed, 03 Feb 2010 18:27:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26276 Income derived from firms in which the karta admitted his sons as partners, and income earned by unseparated coparceners from properties acquired with Hindu undivided family funds, was not includible in the assessee-karta's assessable income. Applying its earlier ruling in the connected reference, the HC held that the absence of capital contribution from the sons' self-acquired funds did not prevent their admission as partners, and registration or continuation of registration could not be refused on that ground. On that basis, the income in question was excluded from the assessee's income, in favour of the assessee and against the Revenue. Case-Laws Income Tax Tue, 05 Nov 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26276