It is not possible to presume that the undivided family property ...
Family Property Used in Business Doesn't Automatically Belong to Firm, Even If Used by Legal Heirs.
August 9, 2012
Case Laws Income Tax AT
It is not possible to presume that the undivided family property becomes the property of the firm for the reason that some of the legal heirs have used the property to carry on the business of the firm constituted by them. - AT
View Source