https://www.taxtmi.com/caselaws?id=57666 The Tribunal held that the salary received by the partners should be assessed as their individual income and not as the income of their respective HUFs. It was determined that the remuneration was for the personal services rendered by the partners and not a return on the investment made by the HUF. The appeals were allowed, and the salary income was directed to be deleted from the income of the HUFs. en-us Sat, 18 Jun 1977 00:00:00 +0530 Sat, 11 Dec 2010 13:58:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57666 The Tribunal held that the salary received by the partners should be assessed as their individual income and not as the income of their respective HUFs. It was determined that the remuneration was for the personal services rendered by the partners and not a return on the investment made by the HUF. The appeals were allowed, and the salary income was directed to be deleted from the income of the HUFs. Case-Laws Income Tax Sat, 18 Jun 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57666