Regarding huf

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

07 February 2012 Please let me know can HUF be partially parted out.i.e can son under HUF part him from HUF as member and give his shares to his mother on parting

CA. Hari Kishan

CA. Hari Kishan (Expert)
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07 February 2012 Partial partition is not allowed for HUF. You can refer to section 171(9). The HUF shall continue to pay the tax.

For a partition to be made you shall be required to make a application u/s 171 and a ORDER IS TO BE RECEIVED u/s 171 (1) from the officer. (Practically i have not received or heard of anybody getting the written order from the officer) for a full partition.

CA. Hari Kishan

CA. Hari Kishan (Expert)
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07 February 2012 Partial partition is not allowed for HUF. You can refer to section 171(9). The HUF shall continue to pay the tax.

For a partition to be made you shall be required to make a applciation u/s 171 and a ORDER IS TO BE RECEIVED u/s 171 (1) from the officer. (Pratically i have not received or heard of anybody getting the written order from the officer) for a full partition.

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Querist : Anonymous

Querist : Anonymous (Querist)

07 February 2012 please some more replies are awaited