Commissioner Of Income Tax vs Jugal Kishore Baldeo Sahai

Authority: High Court Date: 1962-03-28 AY: 1946-47, 1947-48, 1948-49, 1949-50, 1950-51, 1951-52, 1952-53 Section: 37, 37(1) Acts: Income Tax Act 1922 Result: Revenue Citation: (1962) 46 ITR 293 (ALL) Justices: M.C. Desai, C.J. & Brijlal Gupta, J. Appeal No: IT Misc. Case No. 424 of 1959
Whether salary paid to a Karta of a Hindu Undivided Family for managing the family's business is a permissible deduction under section 10(2)(xv) of the Income Tax Act 1922 in computing the business income of the family --- Held No.

šŸ”’ Direct Access Blocked

For your security and to prevent unauthorized automated access, individual judgment links cannot be opened directly. Please access this content via Google Search or the TaxPundit Search Portal.

AI Deep Dive
0/5 selected

Membership Required

Unlock official PDFs for all landmark cases.

JOIN NOW āž”
Shopping Cart