https://www.taxtmi.com/caselaws?id=29351 Remuneration paid by a partnership firm to a karta for managing the business and rendering personal services is not automatically taxable as income of the Hindu undivided family. The decisive test is whether the payment has a direct nexus with the family's investment in the firm or is, in substance, a return on joint family funds or made to the detriment of family assets. Where the salary is compensation for individual services, it belongs to the karta personally and is assessable in his individual hands. en-us Tue, 13 Jul 1982 00:00:00 +0530 Fri, 12 Mar 2010 13:17:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29351 Remuneration paid by a partnership firm to a karta for managing the business and rendering personal services is not automatically taxable as income of the Hindu undivided family. The decisive test is whether the payment has a direct nexus with the family's investment in the firm or is, in substance, a return on joint family funds or made to the detriment of family assets. Where the salary is compensation for individual services, it belongs to the karta personally and is assessable in his individual hands. Case-Laws Income Tax Tue, 13 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29351