https://www.taxtmi.com/caselaws?id=39967 Family property placed in the possession and enjoyment of junior members under a family karar did not lose its character as joint family property, because there was no absolute and irrevocable divestment of the family's rights. The members in possession held the properties only for maintenance and enjoyment subject to continuing family obligations and residual control of the karnavan. Income from the properties was not diverted at source by an overriding title; it was merely applied in discharge of a family obligation. The income therefore remained the income of the Hindu undivided family and was rightly assessable as its agricultural income. en-us Wed, 06 Oct 1971 00:00:00 +0530 Thu, 07 Aug 2014 13:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39967 Family property placed in the possession and enjoyment of junior members under a family karar did not lose its character as joint family property, because there was no absolute and irrevocable divestment of the family's rights. The members in possession held the properties only for maintenance and enjoyment subject to continuing family obligations and residual control of the karnavan. Income from the properties was not diverted at source by an overriding title; it was merely applied in discharge of a family obligation. The income therefore remained the income of the Hindu undivided family and was rightly assessable as its agricultural income. Case-Laws Indian Laws Wed, 06 Oct 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39967