https://www.taxtmi.com/caselaws?id=56756 A payment received by a coparcener under a partnership deed is ordinarily treated as the individual income of the partner, but the character of the receipt depends on the contractual basis of the payment. Where the deed shows that the monthly allowance is not confined to personal services and is also linked to goodwill, business location, or other family-related commercial considerations, the receipt may be assessable as HUF income. On the facts noted, the allowance was treated as income of the Hindu undivided family rather than the recipient's personal income, and the assessee's challenge failed. en-us Fri, 18 Jan 1985 00:00:00 +0530 Mon, 06 Dec 2010 16:08:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56756 A payment received by a coparcener under a partnership deed is ordinarily treated as the individual income of the partner, but the character of the receipt depends on the contractual basis of the payment. Where the deed shows that the monthly allowance is not confined to personal services and is also linked to goodwill, business location, or other family-related commercial considerations, the receipt may be assessable as HUF income. On the facts noted, the allowance was treated as income of the Hindu undivided family rather than the recipient's personal income, and the assessee's challenge failed. Case-Laws Income Tax Fri, 18 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56756