Hindu Undivided Family - No Presumption That Business Run By Karta In Tenented Premise Is Joint Family Asset : Supreme Court
3 years, 8 months ago

Hindu Undivided Family - No Presumption That Business Run By Karta In Tenented Premise Is Joint Family Asset : Supreme Court

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Just because a business was run by a karta of a Hindu Undivided Family in a tenented premise, there is no presumption that it is a joint Hindu family business, held the Supreme Court in a recent judgment. The bench held that the High Court erred in concluding that the business run by the tenant was a joint Hindu family business. "Thus, mere payment of rent by great grandfather or by the grand-father of the plaintiff raises no presumption that it was a joint Hindu family business. Hence, the High Court has committed a basic error of law and fact that the payment of rent or the Ration Card proves that the tenant was carrying business as a Joint Hindu Family Business.

History of this topic

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