https://www.taxtmi.com/caselaws?id=36198 A partnership is recognised as valid where one person joins in dual legal capacities, including as an individual and as karta of a Hindu undivided family, so long as the firm is otherwise genuine and the registration conditions are satisfied. The note further states that income received in a representative capacity belongs to the Hindu undivided family and must be assessed separately from the same person's individual share, with no clubbing of the two streams where their separate character is established. The underlying principle is that distinct legal capacities can be treated separately for both partnership validity and income assessment. en-us Tue, 30 Sep 1980 00:00:00 +0530 Sat, 20 Mar 2010 10:31:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36198 A partnership is recognised as valid where one person joins in dual legal capacities, including as an individual and as karta of a Hindu undivided family, so long as the firm is otherwise genuine and the registration conditions are satisfied. The note further states that income received in a representative capacity belongs to the Hindu undivided family and must be assessed separately from the same person's individual share, with no clubbing of the two streams where their separate character is established. The underlying principle is that distinct legal capacities can be treated separately for both partnership validity and income assessment. Case-Laws Income Tax Tue, 30 Sep 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36198