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    <title>1981 (4) TMI 18 - MADRAS High Court</title>
    <link>https://www.taxtmi.com/caselaws?id=29109</link>
    <description>The High Court concluded that the funds given by Shyamalambal to Appa Rao formed the nucleus of joint family property. The Court held that the assessee should be assessed as the karta of a Hindu Undivided Family (HUF) for the income derived from the properties and business. The Court ruled in favor of the assessee, stating that the properties acquired with the funds were joint family properties, and further investigation into the nature of the properties and businesses might be necessary. The assessee was entitled to costs.</description>
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    <pubDate>Wed, 01 Apr 1981 00:00:00 +0530</pubDate>
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      <title>1981 (4) TMI 18 - MADRAS High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=29109</link>
      <description>The High Court concluded that the funds given by Shyamalambal to Appa Rao formed the nucleus of joint family property. The Court held that the assessee should be assessed as the karta of a Hindu Undivided Family (HUF) for the income derived from the properties and business. The Court ruled in favor of the assessee, stating that the properties acquired with the funds were joint family properties, and further investigation into the nature of the properties and businesses might be necessary. The assessee was entitled to costs.</description>
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      <law>Income Tax</law>
      <pubDate>Wed, 01 Apr 1981 00:00:00 +0530</pubDate>
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