https://www.taxtmi.com/caselaws?id=37895 The court upheld the Tribunal's decision that the income from trust properties declared as Hindu Undivided Family (HUF) property by the individual ceased to be his separate property and became part of the joint family property. The court emphasized that a clear and unequivocal declaration made by the individual was sufficient to treat the income as HUF property. As such, the income was not includible in the individual's total income for the relevant assessment years. The court ruled in favor of the assessee, directing the revenue to pay the costs. en-us Tue, 11 Jul 1978 00:00:00 +0530 Thu, 01 Apr 2010 16:29:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37895 The court upheld the Tribunal's decision that the income from trust properties declared as Hindu Undivided Family (HUF) property by the individual ceased to be his separate property and became part of the joint family property. The court emphasized that a clear and unequivocal declaration made by the individual was sufficient to treat the income as HUF property. As such, the income was not includible in the individual's total income for the relevant assessment years. The court ruled in favor of the assessee, directing the revenue to pay the costs. Case-Laws Income Tax Tue, 11 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37895