Supreme Court · 1969 INSC 30 · Decided 6 February 1969
Commissioner of Income-Tax, Bangalore v. Shri D. C. Shah
- Court
- Supreme Court of India
- Citation
- 1969 INSC 30 · [1969] 3 S.C.R. 586
- Case number
- CIVIL APPEAL No. 817/1966
- Decided
- 6 February 1969
- Bench
- J.C. SHAH, V. RAMASWAMI, A.N. GROVER (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
OF INCOME·TAX, BANGALORE ·A v. SHRI D. C. SHAH February 6, 1969 [J. C. SHAH, V. RAMASWAMI AND A. N. GROVER, JJ.) B Jncome-tcx-Hindu undivided fami(v invested funds in firm-Remun­ eration earned by member as offker of the firm-Whether income of family or individ11al member. was appoint­ ed as its Managiag Partner and paid .a remuneration as Managing 'Partner in addition to the benefits enjoyed as a partner. In the other firm, another partner was appointed as the Managing Partner, and it was pro­ vided that on his retirement, the Karta was to be appointed
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