N. V. NARENDRANATH vs COMMISSIONER OF WEALTH TAX, ANDHRA PRADESH,HYDERABAD

The Supreme Court held that under Section 3 of the Wealth Tax Act, 1957, a Hindu Undivided Family (HUF) can consist of a sole surviving male coparcener, his wife, and daughters, and does not require multiple male members. The Court determined that the appellant's family, consisting of himself, his wife, and two daughters, qualifies as an HUF for wealth tax assessment. The High Court's ruling that the appellant should be assessed as an individual was overturned, affirming the Appellate Tribunal's decision to classify the family as an HUF.