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1973 (12) TMI 9 - BOMBAY HIGH COURTAssessee was to acquire property absolutely on the death of his ancestor, according to a trust created by the latter - There was also a provision in the will giving share of commission to the assessee absolutely - In addition, the assessee also received income from ancestral property - Whether the income derived from the property received by Gordhandas under the trust settlement, and/or share income of the managing agency received by him under clause 12 of the will is assessable, in the hands of the Hindu undivided family consisting of Gordhandas and his son as coparceners - whether by his subsequent conduct the assessee had treated these properties as Hindu undivided family properties. - mere fact that the assessee had not kept separate accounts in respect of his income from these two types of properties cannot, in my opinion, be enough or equivalent to having thrown them into the common stock or of having blended them - income from the property received under the trust settlement and share of commission received according to the will are assessable as the assessee's individual income
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