COMMISSIONER OF INCOME-TAX, BANGALORE vs SHRI D. C. SHAH

The Supreme Court held that the remuneration received by the Karta of a Hindu undivided family from two firms, where he served as Managing Partner, was not assessable as the income of the family under the Income Tax Act. The Court established that the remuneration was earned due to the Karta's personal qualifications and not as a result of the joint family assets. Consequently, the income was deemed personal to the Karta, leading to the dismissal of the family's claim for its inclusion in the family income assessment.