https://www.taxtmi.com/caselaws?id=27444 The High Court ruled in favor of the assessees, determining that the salary received by working partners in a partnership firm should not be assessed as income of the Hindu Undivided Family (HUF). The Court emphasized that the salaries were paid under an agreement and did not adversely affect the HUF's interests. The decision was based on the lack of a real and sufficient connection between the investment of joint family funds and the remuneration paid to the working partners. The High Court dismissed all cases, certifying the matter as fit for appeal to the Supreme Court of India. en-us Fri, 23 Mar 1984 00:00:00 +0530 Fri, 12 Feb 2010 18:26:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27444 The High Court ruled in favor of the assessees, determining that the salary received by working partners in a partnership firm should not be assessed as income of the Hindu Undivided Family (HUF). The Court emphasized that the salaries were paid under an agreement and did not adversely affect the HUF's interests. The decision was based on the lack of a real and sufficient connection between the investment of joint family funds and the remuneration paid to the working partners. The High Court dismissed all cases, certifying the matter as fit for appeal to the Supreme Court of India. Case-Laws Income Tax Fri, 23 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27444