https://www.taxtmi.com/caselaws?id=28148 The High Court held that the remuneration and commission received by the assessee as managing director were assessable in the hands of the Hindu undivided family (HUF). The Court emphasized the connection between the investment of joint family funds and the income received, following established legal principles. The Court ruled in favor of the Revenue, stating that the remuneration and commission were to be considered as HUF income. en-us Thu, 11 Mar 1982 00:00:00 +0530 Fri, 19 Feb 2010 13:00:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28148 The High Court held that the remuneration and commission received by the assessee as managing director were assessable in the hands of the Hindu undivided family (HUF). The Court emphasized the connection between the investment of joint family funds and the income received, following established legal principles. The Court ruled in favor of the Revenue, stating that the remuneration and commission were to be considered as HUF income. Case-Laws Income Tax Thu, 11 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28148