https://www.taxtmi.com/caselaws?id=27555 Remuneration paid by a Hindu undivided family to its karta is deductible in computing the family's income when the payment is bona fide, made for services actually rendered to the family business, and is genuine and not excessive. The deduction is available where the karta manages the family business and safeguards the family's interests in partner firms, and the expenditure is found to be in the interest of and expedient for the business. On the facts noted, the karta was looking after the joint family business and the salary was paid for services rendered to the family, with no finding of lack of genuineness or excessiveness. en-us Mon, 22 Mar 1982 00:00:00 +0530 Sat, 13 Feb 2010 15:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27555 Remuneration paid by a Hindu undivided family to its karta is deductible in computing the family's income when the payment is bona fide, made for services actually rendered to the family business, and is genuine and not excessive. The deduction is available where the karta manages the family business and safeguards the family's interests in partner firms, and the expenditure is found to be in the interest of and expedient for the business. On the facts noted, the karta was looking after the joint family business and the salary was paid for services rendered to the family, with no finding of lack of genuineness or excessiveness. Case-Laws Income Tax Mon, 22 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27555