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1968 (9) TMI 10 - SUPREME COURTCapital asset - character of the receipt must be determined by reference to its source, its relation to the assets of the family of which the recipient was the member - Tribunal was not justified in holding that the income from salary, commission and sitting fees, represented his individual income and not the income of the Hindu undivided family of which he is the karta - Assessee's appeal dismissed
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