1991 (4) TMI 1 - SUPREME COURT

HUF - income from property as well as hire rent and commission - Whether income from properties purported to have been transferred to the trust was not assessable in the hands of the assessee-family - Whether, on a proper construction of the lease deeds the sum of ₹ 10,000 is the income of the assessee and not that of Chhadami Lal Jain Degree College - Whether the income from properties purported to have been transferred to Trust was not assessable in the hands of the assessee-family