https://www.taxtmi.com/caselaws?id=36843 Remuneration paid to a karta by companies in which the Hindu undivided family had invested funds is assessable as family income only if it is a return on the family's investment and not compensation for personal services. Where the karta had substantial experience and actually rendered services, and the record did not show a real connection between the family's funds and the salary, the payment is treated as the karta's individual income. The family's major shareholding and intermittent or small dividends, by themselves, are insufficient to characterise the remuneration as income of the Hindu undivided family. en-us Fri, 21 Dec 1979 00:00:00 +0530 Wed, 24 Mar 2010 18:56:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36843 Remuneration paid to a karta by companies in which the Hindu undivided family had invested funds is assessable as family income only if it is a return on the family's investment and not compensation for personal services. Where the karta had substantial experience and actually rendered services, and the record did not show a real connection between the family's funds and the salary, the payment is treated as the karta's individual income. The family's major shareholding and intermittent or small dividends, by themselves, are insufficient to characterise the remuneration as income of the Hindu undivided family. Case-Laws Income Tax Fri, 21 Dec 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36843