Income in share of commission agency of mills held as separate income, SC.
Nov. 02, 2015
On Ref., H.C held, Tribunal right in holding that document was ineffective & though income might have been purported to be divided & might, in fact, have been so divided, source of income still remained united as belonging to HUF. On appeal SC held, genuine document & not sham & that it effectually divided income, assets, no materials to justify finding that income in share of the commission agency of mills was the income of the HUF.-010489
