Supreme Court · 1966 INSC 173 · Decided 20 September 1966
Jugal Kishore Baldeo Sahai v. Commissioner of Income-Tax, U.P., Lucknow
- Court
- Supreme Court of India
- Citation
- 1966 INSC 173 · [1967] 1 S.C.R. 416
- Case number
- CIVIL APPEAL No. 594/1965
- Decided
- 20 September 1966
- Bench
- J.C. SHAH, VISHISHTHA BHARGAVA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 10(2)(xv)
Headnote
BALDEO SAHAI v. COMMISSIONER OF INCOME-TAX, U.P., LUCKNOW September 20, 1966 [J.C. SHAH AND V. BHARGAVA, JJ.j Income tax Act (11 o/ 1922), s. 10(2)(.rv)-Asses.ree, a Hindu joint family finn--Paymmt o/ remuneralion to karta /or managing business-If a deductible item of e.rpendlturt. The assessee consisted of two brothers and tb,ei~ minor sons. One of the brothers, whe> was the kana. asked the other for a salary of Rs. 1,000 per month, since he was managing the business. The Oilier brother agreed to it, and the payments were made. Tue assessce claimed that the sum of Rs. 12,000 per
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