https://www.taxtmi.com/caselaws?id=49294 Income received by guardians for minor coparceners was held assessable under section 40 on the footing of a Hindu undivided family. The Court reasoned that, on the father's death, the minors continued to constitute a joint family and the business remained joint family property until a partition was brought about by positive action. A later order for separate accounting did not amount to partition or affect the relevant assessment year. The guardians were therefore chargeable in the same manner and to the same extent as the minors would have been if competent. en-us Wed, 17 Nov 1965 00:00:00 +0530 Tue, 19 Aug 2014 08:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49294 Income received by guardians for minor coparceners was held assessable under section 40 on the footing of a Hindu undivided family. The Court reasoned that, on the father's death, the minors continued to constitute a joint family and the business remained joint family property until a partition was brought about by positive action. A later order for separate accounting did not amount to partition or affect the relevant assessment year. The guardians were therefore chargeable in the same manner and to the same extent as the minors would have been if competent. Case-Laws Income Tax Wed, 17 Nov 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49294