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
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.
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.
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.
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.
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 February 2012
please some more replies are awaited
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