https://www.taxtmi.com/caselaws?id=61085 Ambika Parshad was assessed as a Hindu Undivided Family (HUF) for income from four firms but as an individual for salary and meeting fees from Amar Flour Mills (P) Ltd. The Tribunal upheld the Appellate Assistant Commissioner's decision, considering Ambika Parshad, along with his wife and two sons, as constituting an HUF. The Tribunal ruled that the income from the four firms should be taxed as HUF income based on the share allotted post-partition. However, the salary and meeting fee from Amar Flour Mills were deemed individual income due to Ambika Parshad's personal qualifications as Managing Director. en-us Sat, 22 Apr 1978 00:00:00 +0530 Mon, 10 Jan 2011 17:33:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61085 Ambika Parshad was assessed as a Hindu Undivided Family (HUF) for income from four firms but as an individual for salary and meeting fees from Amar Flour Mills (P) Ltd. The Tribunal upheld the Appellate Assistant Commissioner's decision, considering Ambika Parshad, along with his wife and two sons, as constituting an HUF. The Tribunal ruled that the income from the four firms should be taxed as HUF income based on the share allotted post-partition. However, the salary and meeting fee from Amar Flour Mills were deemed individual income due to Ambika Parshad's personal qualifications as Managing Director. Case-Laws Income Tax Sat, 22 Apr 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61085