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Hindu undivided family(HUF)
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....n Income-tax Act of 1922, the Supreme Court has observed in Surjit Lal Chhabda - [1975 (10) TMI 1 - SUPREME COURT] that; "Joint family" and "Undivided family" are synonymous terms and that the expression "Hindu undivided family" has a well-known connotation under the Hindu law and must be construed in the sense in which it is understood under the Hindu law. It is true that the appellant (....
TaxTMI
TaxTMI