https://www.taxtmi.com/caselaws?id=39023 The High Court determined that the director's remuneration received by a Hindu undivided family member constituted individual income rather than family income. Relying on legal principles from prior Supreme Court decisions, the court emphasized the distinction between returns on family investments and compensation for personal services. As the remuneration was linked to services provided to the company and not family funds, it was deemed the individual's income. Consequently, the court ruled in favor of the assessee, denying the inclusion of the remuneration in the family's income for assessment purposes. en-us Wed, 14 Feb 1973 00:00:00 +0530 Mon, 12 Apr 2010 10:49:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39023 The High Court determined that the director's remuneration received by a Hindu undivided family member constituted individual income rather than family income. Relying on legal principles from prior Supreme Court decisions, the court emphasized the distinction between returns on family investments and compensation for personal services. As the remuneration was linked to services provided to the company and not family funds, it was deemed the individual's income. Consequently, the court ruled in favor of the assessee, denying the inclusion of the remuneration in the family's income for assessment purposes. Case-Laws Income Tax Wed, 14 Feb 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39023