https://www.taxtmi.com/caselaws?id=49577 A genuine partial partition of family interests in managing agency commissions severed the Hindu undivided family's joint status in relation to those assets. Hindu law allows partition of family property without physical division by metes and bounds where separate enjoyment according to shares is secured, and unchanged contractual arrangements did not prevent the tax character of the family from changing. Once the family ceased to exist as a unit for those commission-bearing interests, the resulting income could not continue to be assessed in the hands of the Hindu undivided family. The assessment treating that income as HUF income was unsustainable. en-us Tue, 15 Mar 1960 00:00:00 +0530 Wed, 03 Sep 2014 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49577 A genuine partial partition of family interests in managing agency commissions severed the Hindu undivided family's joint status in relation to those assets. Hindu law allows partition of family property without physical division by metes and bounds where separate enjoyment according to shares is secured, and unchanged contractual arrangements did not prevent the tax character of the family from changing. Once the family ceased to exist as a unit for those commission-bearing interests, the resulting income could not continue to be assessed in the hands of the Hindu undivided family. The assessment treating that income as HUF income was unsustainable. Case-Laws Income Tax Tue, 15 Mar 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49577